Tom Hicks, ex-Liverpool co-owner, dies aged 79 in Dallas
American businessman Tom Hicks, who co-owned Liverpool FC from 2007 to 2010, dies at his Dallas home aged 79, leaving a controversial legacy linked to debt and stalled stadium plans.
Tom Hicks, the American businessman who co-owned Liverpool FC with George Gillett from 2007 to 2010, has died at age 79 in Dallas, Texas.
The news comes as fans reflect on a period marked by ambitious spending and a debt-heavy strategy that failed to deliver on stadium upgrades.
During their time in charge, Hicks and Gillett borrowed heavily to fund the club, resulting in debts of around £237 million. Promised renovations to Anfield and talks of a new stadium never materialized, leading to deep disappointment among supporters.
Liverpool FC said they were saddened to hear of Hicks's death and sent condolences to the Hicks family during this difficult time.
Beyond football, Hicks owned the Dallas Stars (NHL) from 1995 to 2011 and the Texas Rangers (MLB) from 1998 to 2010. The Stars claimed three Central Division titles and the 1999 Stanley Cup under his ownership. The Rangers won three American League West titles and were World Series runners-up in 2010.
He is survived by his wife of 35 years, Cinda Hicks, and was a father to six children who described him as a devoted family man.
Expert commentary
Sports business analyst Jamie Carter notes that Hicks's ownership era continues to fuel debate about debt, risk, and governance in big-league clubs. Carter adds that the Liverpool chapter serves as a cautionary tale for investors eyeing large, debt-funded projects.
Conclusion
Hicks's death closes a controversial chapter in Liverpool's history. While his other sports ventures achieved notable success, his Liverpool tenure remains hotly debated among fans and analysts alike.
Short summary
The 2007–2010 period at Liverpool was marked by heavy spending and unfulfilled promises, leaving a divided legacy among supporters. Hicks's ownership also featured success in North American sports with two franchises, but controversy overshadowed much of his time in football. He passed away in Dallas at 79, survived by his wife Cinda and six children.
Key insight: Hicks's Liverpool era highlights how ambitious investment can spark both prestige and prolonged scrutiny for clubs, a lesson many teams study today. BBC report