Liverpool co-owner Hicks loses billionaire status
Liverpool co-owner Tom Hicks has lost his billionaire status according to Forbes magazine.
However, the Texan businessman was still ranked 701st richest man in the world, with an estimated fortune of around 950 million US dollars (£620million).
The American - who also owns the Dallas Stars ice hockey franchise - has already agreed a deal to sell the Texas Rangers baseball team for £310million.
However, he appears in no hurry to offload his 50 per cent share in Liverpool, despite increasing pressure from disillusioned fans against the way he and co-owner George Gillett have run the club.
"We all know about his problems with his sports clubs here in the US and over there in England," Forbes senior editor Matthew Miller told the Liverpool Echo.
"He has had some debt problems. He has only just missed the cut (to be classed as a billionaire). We think he is a 900million to 950million US dollars guy."
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| Sun May 13th | |||
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| Team | P | W | D | L | GD | PTS |
|---|---|---|---|---|---|---|
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| Arsenal | 38 | 21 | 7 | 10 | 25 | 70 |
| Tottenham Hotspur | 38 | 20 | 9 | 9 | 25 | 69 |
| Newcastle United | 38 | 19 | 8 | 11 | 5 | 65 |
| Chelsea | 38 | 18 | 10 | 10 | 19 | 64 |
| Everton | 38 | 15 | 11 | 12 | 10 | 56 |
| Liverpool | 38 | 14 | 10 | 14 | 7 | 52 |
| Fulham | 38 | 14 | 10 | 14 | -3 | 52 |
| West Bromwich Albion | 38 | 13 | 8 | 17 | -7 | 47 |
| Swansea City | 38 | 12 | 11 | 15 | -7 | 47 |
| Norwich City | 38 | 12 | 11 | 15 | -14 | 47 |
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| Aston Villa | 38 | 7 | 17 | 14 | -16 | 38 |
| Queens Park Rangers | 38 | 10 | 7 | 21 | -23 | 37 |
| Bolton Wanderers | 38 | 10 | 6 | 22 | -31 | 36 |
| Blackburn Rovers | 38 | 8 | 7 | 23 | -30 | 31 |
| Wolverhampton Wanderers | 38 | 5 | 10 | 23 | -42 | 25 |
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Comments (2)
Maybe not a good finance manager. The prudence in managing sports finance and other business defers.
get out hick, you should not drag liverpool more worst!!!!
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