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Stars Owner Plans To Keep The Team
by Paul on 08/19/09 at 07:40 AM ET
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from Mike Heika of the Dallas Morning News,
While pressure builds on Tom Hicks, owner of the Texas Rangers and Dallas Stars, to sell one of his teams to satisfy his creditors, a source close to the Hicks Sports Group said Tuesday that the hockey team will not be affected.
HSG has until August 2010 to satisfy debt payments before creditors could initiate any kind of takeover, the source said, adding that the deadline is 10 months later than some creditors had initially assumed. HSG owns and manages both franchises.
“There is a plan in place, and we’re following the plan,” the source said.
Filed in: NHL Teams, Dallas Stars | KK Hockey | Permalink
Tags: Tom+Hicks,
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