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Hicks loaned $85M to ownership group

Updated: February 9, 2010, 5:13 PM ET
By Richard Durrett | ESPNDallas.com

DALLAS -- Dallas Stars owner Tom Hicks discussed the team's financial difficulties and other details in his first public comments since Hicks Sports Group announced it was exploring a possible sale of the club.

Among the things Hicks, joined by Stars president Jeff Cogen and general manager Joe Nieuwendyk, told reporters Monday:

Hicks lent $85 million of his money to Hicks Sports Group, which owns the Stars and Texas Rangers, over a two-year period that ended March 31, 2009, when ...

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