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NHL Owners Can Lose Money at Anything They Put Their Minds To
by Alanah McGinley on 06/09/08 at 01:02 PM ET
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Note the fine business management of Dallas Stars owner Tom Hicks and his soon-to-be ex-partner George Gillett, as evidenced by their venture into British football:
Liverpool’s American owners incurred large net losses and expenses at the start of their involvement with the Premier League club, according to newly released accounts.
In March 2007 Tom Hicks and George Gillett Jr. gained full control of Liverpool and posted net losses of 33 million pounds (then $67 million) on July 31, 2007, including administrative expenses.
And some of those “administrative expenses” would be…
Filed in: nhl general | Canucks and Beyond | Permalink
Tags: anfield, football, tom+hicks,