Hicks wrote to Parry, who was instrumental in bringing Hicks and George Gillett to the club, asking him to tender his resignation in yet another tumultuous week at Anfield - overshadowing the team´s stunning Champions League defeat of Premier League rivals Arsenal.
Hicks told the Mail on Sunday: "Rick Parry has been Liverpool´s CEO for 10 years and we haven´t won a league championship under his leadership. Our commercial revenues have not kept up with other top clubs during that time, which has made it very difficult to compete for the Premier League."
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