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Stars Owner Plans To Keep The Team

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.

continued

Filed in: NHL Teams, Dallas Stars, | KK Hockey | Permalink
  Tags: tom+hicks

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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