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Liverpool co-owner Tom Hicks has lost his billionaire status, according to Forbes magazine’s latest rich list.
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 but appears in no hurry to offload his 50% share in Liverpool, despite 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.”
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.
They looking to raise £100million through outside investment by the summer as RBS have requested they slash the amount of their debt. (Give Me Football – Official PFA Website)
So there you have it Tom Hicks, or one half of the chuckle brother like team who run Liverpool Football Club, is now having to deal with only a small fortune. With any luck the rest of his financial empire will fail leaving the American no choice but to make a swift exit from the Premier League club.
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anonymous - March 12th, 2010 at 2:22 pm
Get out of our Club you C***s!
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isaac hunt - March 12th, 2010 at 3:41 pm
until these clowns go we will never be successful.
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anonymous - March 12th, 2010 at 3:42 pm
Good fuckin job…fucking douch bag yanks knows fuck all about football and running a proud club…but could you trust these fuckkers to sell to the right people….they will only fuck that up too….god help us.
1st by the way…
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dr.Barnard - March 12th, 2010 at 4:44 pm
This is an excerpt from today’s “Telegrath” by T. Smith.
“……Benitez, like all managers, will find his position reviewed at the end of the season. If Liverpool, for the first time in his spell at Anfield, are not in the Champions League, he may find his tenure drawn to a close. Posterity will prove, though, that the most significant denouement to their campaign is not whether the axe falls on Benitez or not, but who is wielding it.
If it is still Hicks and Gillett, removing Benitez will do little. His successor will find himself weighed down by the albatross of that debt, forced to sell to buy, handed just a percentage of what he raises, unable to overhaul a squad at the limit of its ability and patience, hamstrung by owners with neither the funds nor the inclination to deliver on Hicks’s promise of a “big” summer in the transfer market. True, he may play better football, or get a better press by virtue of being British, but only a miracle-worker could satisfy the Kop’s demands in such circumstances.
Under Hicks and Gillett, without outside investment, without some sort of change in the boardroom, without the funds to build a new stadium and the impetus to compete, Liverpool will slide into mediocrity, whether Benitez, Rinus Michels or Tele Santana is manager.
It may be Liverpool’s pursuit of fourth place which generates the headlines and the fury, which is seen as crucial to the club’s future, but Liverpool could, just, absorb the blow of missing out on the Champions League both in terms of finances and prestige. Missing out on investment, or on new owners? Sadly not. The battle that must be won, that they cannot afford to lose, is off the pitch…..”
I guess it’s time to hit the H&G, where it hurts, in the pocketbook. If the fans realize that is the only way to get rid of the, they would skip a game or two, stop buying merchandise etc. Yanks has to realize there is no reason for them to continue their charade, their overstayed their welcome, and they are losing money extending their ownership.
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dr.Barnard - March 12th, 2010 at 4:47 pm
Another comment, with Real Madrid wanting Rafa, and Rafa probably getting tired, being blamed for many problems he can’t control, this is the time when his switch to R.M. doesn’t have to cost much, if anything…
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anonymous - March 12th, 2010 at 5:12 pm
The owners are more to blame for this seasons problems than people realise. If Benitez were to go to Madrid, where he could get his first choice targets every time and with the players that are already there he would certainly take them further in the CL. H&G are destroying LFC and while they are at the club us fans can only expect more of the same. God knows how a new manager would cope with the restrictions placed on him.
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anonymous - March 12th, 2010 at 5:13 pm
Nonsense anon 5:12. Benitez has assembled a squad as good as any in the league, he just doesn’t know how to get the best out of them.
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Retryboy - March 12th, 2010 at 5:19 pm
Rafa isn’t blamed for problems out of his control! He is blamed for getting nothing out of a squad packed full of quality players, for making ridiculous decisions over and over again, for not learning from mistakes or successes and being as stubborn as he is prohibits any learning. United lost £100m worth of players last year and bought valencia and a over the hill owen for free. Their team sheets aren’t any more impressive than ours but ferguson can get the best out of players. Pick the right teams and tactics and instill a winning mentality, he hasn’t bitched about having to sell, the owners or injuries unlike rafa. The owners are just another excuse for rafa to cover his own short comings.
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dr.Barnard - March 12th, 2010 at 5:50 pm
The proof is in the pudding. What anyone can see, over the last 5 games (not against top oposition) we were generally slower, less skilful, less physical, and displaying very little of the legendary LFC spirit. Our best players were not our best players. Kuyt – slow as usual and worn out. Insua – slow and caught out of position. Benny, the shadow of the former self. Lucas – as usual. Maxi – not the answer.
Carra – slow and pursuing his own agenda. Do you think Ferguson would take gently to any player talking about leaving on the eve of the important game. He would be warming the bench for a while. I am sure you remember Carra pushing Arbeloa around and Alonso and Reyna coming to his rescue last season.
Glen great going forward, week defending. With Agger off and on, none of the central defenders can take the ball up the field or pass longer than 10 yards. The list of problems is long, we need to start by getting the new owners, then a left back (Cissoko looked great again vs Real), Kjaer or someone like him to add skil to the CD are, a winger with speed to burn, and a midfielder in the Essien mode (Banega, Mata). I would sell Masch if we can get good money for him. He is one dimensional. Sell Gerrard, he has admirers all over the place and he gets injured to much, get another creative midfielder to replace him. Part of the problem is traditionally with Stevie playing in the middle averything has to go through him. He is not fit enough, quick and fast enough this season for that role. Alonso covered a lot of weaknesses on our team, Lucas is not now and may never be a replacement for him. We need a new young, skilful and physical “Stevie G. substitute”. looking at stats this season you can see how few opportunities we have been creating, with Stevie either missing or playing subpar football.
Rafa has spent the goodwill by now, if he suggested replacing Stevie G. or benching him the fans would want to lynch him, we need a new coach with smarts, big ego that fans would grant a 6 months “honeymoon” to rebuild the team. I know we will not get Everton coach for obvious reasons, but we need someone with balls to clean the rot. But again, the rebuilding has to start with the new ownership coming in, to match our expectations and others clubs resources.
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dr.Barnard - March 12th, 2010 at 5:57 pm
Retryboy, my quote ” (Rafa)…..being blamed for many problems he can’t control…” It doesn’t mean he shouldn’t be blamed for those problems, it means he can’t control or solve them. Therefore we need someone who can. Hope it is clear now.
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andy - March 12th, 2010 at 6:42 pm
If Klinssman is here, surely Liverpool at least number two today with Chelsea having crisis of personal and Arsenal losing Van Persie, even leading the league I think because of Man U having problems with injuries to Ferdinand and Vidic. NOT to say that we have no injuries just that I feel we can cope with it IF the manager knows how to overcome it ! And surely Lucas would be dropped to the raserves after just three games ! surely Pacheco would be given more gametime after a string of effective play when given chance, and maybe Torres would have scored plenty of hattricks with Pacheco’s brilliance or at least Aquilani is having fun playing alongside Torres. Johnson would still resting if Kelly is being played regularly and given 1/10 chance which Lucas had ! Masch would had less red cards because Gerrard is there alongside him controlling the midfield . Maybe he would bring Phillip Lahm as our LWB and Carragher woul be his usual self with less leakage from right and left back. And maybe the Yanks would have a peacefull days and built a new stadium and then new bidders will offer a huge amount of money to them and they would steadily accept it !
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Retryboy - March 12th, 2010 at 7:17 pm
Dr barnard-understand what you mean now although he does make all the choices in spite of all the evidence against them. He would have been more successful this season with basic trial and error! Think what matters most to rafa is being proved right. About lucas, Kuyt RM and his system. Any other manager would have scrapped the Mascherano/lucas pairing after the first couple of performances rafa will stick with it. Any other manager would have tried Babel RM after he set up the winner at west ham, another great right footed cross from the left against unirea he can beat full backs. Never even tried. There are literally hundreds of his messed up decisions that are just unexplainable so in my opinion everything he has done has been in his control.
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anonymous - March 12th, 2010 at 7:24 pm
Can I ask a question what does “disillusioned” mean. Cause it say in the article that we are “disillusioned fans” which I think is untrue cause we hate the idiots.
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spota - March 12th, 2010 at 7:27 pm
well first things first i wish i was as poor as hicks dont you ?
i have to say i really hope the real madrid thing is true.
its about time we steadied the ship.
all this talk ov the yanks ? ok i hate them to ! but they dont pick the team or give tactical input !
it has to be said rafaz had more than his fair share ov chances !
i no i have to pay to sit threw his inept 2 def midfielder combo every fu***n week !
and they say he hasent had cash ?
does everyone conbieniently forget ? ALBERTO AQUILANI ?
cos i sure as hell dont !
20 yes20 FU***N million squid !
you all forget barry wud a cost 12 !
but was demmed not worth it !
i ask this wud he not take lucas shirt of him ?
he got 30 for alonso
and wasted 21.5 on aquilani and maxi !
and thats minimum .
that price could go up !
really folks i dont care who swings the axe as long as it is swung and hard and fast and that dont just stop with the manager .
under achievers on 40 50 grand plus . should also feel the rath ov the new boss !
and good luck to him . who ever he may be
oneil or mourinho would be nice though !
YNWA
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dr.Barnard - March 12th, 2010 at 7:54 pm
Retryboy:
Remember, we are second guessing Rafa based on limited info. Yes, he has made many mistakes no doubt, some of which, no doubt were aggrevated, by lack of money (for Turner or Shawcross, VDV, Turan, Mata, Martinez and Banega among the people we were trying to get in the summer) uncertainty about the direction of the club and injuries no doubt. Rafa is consistent in his mistakes, has no trouble in being decisive he definitely has a philosophy in football (a strict father) and life. The reason he has not played Babel more, must have someting to do with Babels attitude and work habit, I bet. However, you would have expected him to adjust and play him more this winter as the only available player with speed among the available players. Now he has to take responsibility for the peformance of the team.
It will be ironic and welcome by us, if a few of the kids Rafa brought in, would force themselves into tho first team and become successful quickly, but this is life..So there is a silver lining in regulars underperforming and getting injured, new stars can emerge. The only trouble with youngsters is you never know what you gonna get from them next (look at Insua).
Andy, if the cows could fly…., you are spinning a good yarn. I would rather concentrate on the problems in hand and be realistic about who we can get to play for us in the future. Klinsman, well I would take Blank, Puel or Fiorentina’s coach, over him any time of the day. Mcleish, Moyes would head the list of natives. Talking of Everton, who is in charge of their Academy, they’ve been producing a steady stream of great young players…
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Donavan Ried - March 12th, 2010 at 8:32 pm
Retryboy – March 12th, 2010 at 5:19 pm….. Oh my bother Testify….
Yes you are right, no one should blame him for what the owners have gotten us into, although his waste of the clubs money on the sheer number of players and the wages, and signing on fees does not help
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anonymous - March 12th, 2010 at 8:33 pm
WOT A SHAME,POOR OLD HICKS ONLY GOT £620 WHAT A JOKE!!!
THAT FAT PEICE OF SHIT IS BLEEDING OUR CLUB DRY,CRIPLED UNDER A MOUNTAIN OF DEBT WHILE HE SITS BACK LAUGHING AT US FOR PAYING OFF THE DEBT FOR HIM AND HIS SHITHOUSE PARTNER.
SORY BUT THE WHOLE SITUATION MAKES MY BLOOD BOIL!!!
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anonymous - March 12th, 2010 at 8:37 pm
MEANT TO PUT £620 million (POOR FUCKER).
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anonymous - March 12th, 2010 at 10:23 pm
Fuck me Retryboy you never give up Bashing Rafa do you??
Article:About Owners
Retryboy: RAFA IS STUBBORN!!!
Out of context??, As for the Whole babel at RM thing. Haven’t you mention for Babel to play as a Second striker? mostly every time you speak. Now he is You want him back in The RM Postion?
Your just Daft, Really Retryboy its Best for people like you to support another team.
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anonymous - March 12th, 2010 at 10:51 pm
i dont understand why we as fans dont do our best to sort out this we could end up like leeds ive we dont do something soon look at united least they having ago at trying to stop the glaziers. lucas has to go he is shocking
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andy - March 13th, 2010 at 3:35 am
Dr Barnard, all I state is if the deal to bring Klinssman had gone through, we should had no problem maintaining our pride and form not that he is the perfect manager (I think Laudrup is the one), and of course McLeish and Moyes, Puel and Blanc all is deem good because the way Rafa is handling the team even me myself think that I can do a better preparing the team for a game and would not even think we are playing for a draw during games and giving up and make stupid subs to play for a draw or pull out our best players and giving up on a game to concentrate on the next one and also losing the next one
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Retryboy - March 13th, 2010 at 5:32 am
Anon 10.23-mickey mouth my comments were in response to dr barnard and if you want to check every single thread since the first day of the season have wanted Babel RM as any of the regulars will tell you. Did say he could be striker too when we needed it when Torres was out and do well but as soon as Torres was fit should be on the right. You won’t find any examples of me being a hypocrite my views haven’t changed and 90% have been proved right too. Unlike you who changes your mind every 2 seconds and i have the guts to stand by mine.
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Retryboy - March 13th, 2010 at 5:44 am
Oh and mickey ‘your just daft?’ think you are looking for “you’re just daft” the sentence makes sense that way!!
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Retryboy - March 13th, 2010 at 11:48 am
Wtf is going on with fans putting pressure on the royal bank of scotland not to give H&g a new loan deal over a longer period! If they find the £100m investment by selling their shares then they will have brought the loans down by near enough £200m in a year! No player being sold to fund it and £139m left to be spread over 4/5 years. A new investor will be on board with plenty of money there won’t be any massively crippling interest and we will be shaping up very well compared to our rivals. Do the fans doing this just want the owners to say “fuck you then we will sell Torres, Gerrard, Mascherano, Reina, johnson and whoever else we need to and fund it that way!” because that is what they can do. They have always been trying to win fans over don’t think declaring war on them will do anything except destroy the club.
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anonymous - March 13th, 2010 at 12:37 pm
get out with faffa please
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anonymous - March 13th, 2010 at 1:31 pm
Why is everyone critisising Lucas. He is improving unlike F*****g Gerrard. he has been better than average for most games, unlike Carra or Masch who have been pretty S**t in alot of games and have only improved recently!
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anonymous - March 13th, 2010 at 2:01 pm
I hate havin a dig at Rafa as he is a nice guy…but regardless of tight arse clown yank owners Rafa has consistently signed the wrong players anyway…Aquilani is another example….
soz Rafa but I hate to say it but maybe its time to head back home bruva…
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