Wing Tai Holdings Ltd. Chairman Cheng Wai Keung is seeking a record S$300 million ($242 million) for a home near Singapore’s Orchard Road shopping belt, betting that developers may profit from dividing the site.
Tom Hicks, the former owner of the Texas Rangers, settled litigation with the Major League Baseball franchise’s post-bankruptcy plan administrator who last year accused him of misdirecting money, according to a court filing.
Liverpool co-owner Tom Hicks denied claims by his predecessor David Moores that the Texan and his partner George Gillett misled the club by funding their purchase of the 18-time English soccer champion with debt.
Former Liverpool owners Tom Hicks and George Gillett want more than $1 billion in damages for the forced sale of the 18-time English soccer champion. They'll ask a judge in London this week whether they can pursue their case.
George Gillett and Tom Hicks ’s ownership of Liverpool will lead to the pair losing 140 million pounds ($222 million), the team’s chairman said after agreeing to sell England’s most successful soccer club to John W. Henry ’s Boston Red Sox holding company.
Liverpool’s board said a temporary restraining order obtained in Texas yesterday by owners Tom Hicks and George Gillett blocked the sale of the English Premier League soccer club to the operators of the Boston Red Sox.
The sale of England’s most successful soccer team to John W. Henry ’s Boston Red Sox holding company is unlawful because the board wasn’t authorized to approve the sale of Liverpool Football Club, according to co-owner Tom Hicks .