Hey Liverpool Fans, About That Transfer Budget
Report: MLB loaned millions to Rangers
Major League Baseball has loaned millions to Texas Rangers owner Tom Hicks, Yahoo! reported.
The league would not go into details about any borrowing, but said it was assisting Rangers owner Tom Hicks with the sale of the franchise. “Tom is the control person, and there was no issue of making payroll,” Bob DuPuy, baseball’s chief operating officer, said Thursday. “Major League Baseball is working with the Rangers to sell the team, as Tom requested.”
Only a matter of time before this story breaks on the other side of the pond. It’s not a good sign for Liverpool’s transfer plans when one of their owners if having issues meeting payroll on his other professional sport team. Even if Hicks is working on a sale of the Texas Rangers these type of transactions take months to wrap up just ask Newcastle.