Liverpool co-owner Tom Hicks is no longer a billionaire
but is still the world's 701st richest man, according to Forbes'
latest rich list.
The Texan businessman now 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."
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.