Tom Hicks recently sold some of his interest in the Rangers and also owns a 50 percent of Liverpool.

THE ASSOCIATED PRESS

DALLAS -- Financially strapped owner Tom Hicks is exploring a possible sale of the Dallas Stars.

The Hicks Sports Group said Thursday the NHL team has retained Galatioto Sports Partners to look for new investors and explore the idea of selling a majority stake in the Stars.

Team president Jeff Cogen says a sale is not a certainty.

Last year, Hicks defaulted on a loan backed by the Stars and baseball's Texas Rangers.

Hicks recently reached an agreement to sell the Rangers to a group led by Pittsburgh attorney Chuck Greenberg. The sale awaits approval from Major League Baseball.