Liverpool co-owner Tom Hicks is ready to sell part of his share in baseball team Texas Rangers. Hicks, who holds a 95 per cent stake in the Rangers, co-owns the Anfield giants with George Gillett and has further sporting interests in NHL outfit Dallas Stars.
"I've been quietly looking for minority investors to come back into the ownership of the Rangers as a way to be prudent in a bad economy," he told Major League Baseball's official website.
"I'm doing the same thing with the Stars. At the end of the day, I'll still have 51-to-60 per cent of the ballclub and have new partners. That doesn't change anything.
"I own 95 per cent of the Rangers. I started out owning 55 per cent and over the past 10 years I've been slowly buying out partners that wanted to sell. There's no reason to own 95 per cent. There aren't many owners who own 95 per cent."
