Source: Daily_Mail
Liverpool suffer another defeat! Now co-owner Tom Hicks loses billionaire status
Liverpool co-owner Tom Hicks has lost his billionaire status, according to Forbes magazine's latest rich list. [LNB]Down and (almost) out: Gerrard's Liverpool lost their Europa League clash against Lille [LNB]However, the Texan businessman was still ranked 701st richest man inthe world, with an estimated fortune of around 950 million US dollars(£620million).[LNB]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. [LNB] However, he appears in no hurry to offload his 50% share in Liverpool, despite increasing pressure from disillusioned fans against the way he and co-owner George Gillett have run the club. [LNB]'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. [LNB]'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." Hicks and Gillett owe Royal Bank of Scotland £237million and have been unable to raise the money needed to build the club's proposed stadium at Stanley Park. [LNB] Wave goodbye to your billionaire status: Liverpool co-owner Tom Hicks [LNB]They looking to raise £100million through outside investment by thesummer as RBS have requested they slash the amount of their debt.[LNB] LIVERPOOL v Portsmouth: Yossi Benayoun a fitness doubt for Rafa BenitezGiggs pencilled in for Man United return against arch rivals LiverpoolMARTIN SAMUEL: How's that for history then, Javier Mascherano?Lille 1 Liverpool 0: It goes from bad to worse for Rafa Benitez as Eden Hazard makes mincemeat of Reds in Europa League LIVERPOOL FC
