"Look at what's happened under Rick. It has been a disaster. We have fallen so far behind the other leading clubs," said Hicks.
"We should have the stadium built by now. We have a few major sponsors when we should have 15.
"We have still got the top brand in the world of football but that's no good if you don't know how to commercialise it.
"Rick needs to resign from Liverpool FC. He has put his heart into it but it is time for a change.
"You have to be able to work with the manager and Rick has proved he can't do that."
