According to the source, who has seen documents relating to the loans, HicksAllegedly the loans were secured by the former PE tycoon's extensive sport assets, which include the Texas Rangers (amusingly the Skull and Crossbones alumnus (and fmr president), W, a long-time friend of Hicks will throw the opening pitch Monday), the Dallas Stars, and a 50% stake in soccer club Liverpool.
defaulted on a $350 million bank term loan, $100 million second-lien loan and a
$75 million revolving credit facility. A spokesman for Hicks Sports declined to
Next up on default watch: loans secured by Leon Black's extensive art collection at 760 Park Avenue. Sphere: Related Content Print this post