- My Account
- Logout
- Register
- Login
Liverpool fans plan to buy out club
Related Articles
31 January 2008
A group calling themselves Share Liverpool FC aim to create a stakeholder base of 100,000 fans to raise enough cash to oust Tom Hicks and George Gillett.
Rogan Taylor, a Kop season ticket holder leads the buy-out campaign and said: "It is time to answer the concerns that football fans have about the patterns of ownership developing at our major football clubs. Thousands of Liverpool fans have already demonstrated their dissatisfaction with the current state of affairs."
He added: "Large amounts of debt is often laden onto newly-bought clubs and the fans know that in the end, it will be them who will have to pay it off through increased ticket prices and other schemes.
"In such a case, why not simply buy the club yourselves?"
It comes after weeks of worry about the financial future of Liverpool, sparked when the pair took out a £350 million re-financing loan.
There have also been tensions between the owners and club manager Rafa Benitez, who last year criticised them over their financing of transfers.
The model proposed by Share Liverpool FC will be a 'member-share' scheme, aimed at raising £500 million to purchase the club from Hicks and Gillett and build a new stadium.
The group have pointed to Barcelona as an example of how the system works. Barca currently has more than 150,000 culis - members who own the club.
Mr Taylor added: "What many don't realise is that there are other ways of financing and taking ownership of big clubs. In Germany and Spain, most top-level football clubs are simply 'Not For Sale'. They are owned by many thousands of 'member fans'."
Top stories in Sport in brief
Sport in brief in Pictures
Top stories in Sport in brief
Sport in brief in Pictures
-
No end to Tube nightmare as commuters warned of MORE chaos tonight
-
Double dip recession is worse than feared as UK faces ‘hurricane’
-
They attacked "like a pack" raining fists on a defenceless legal secretary. Yesterday they walked free from court. No wonder their victim says she has been denied justice.
-
Mayor demands report from Transport for London into Jubilee Line nightmare that left hundreds of commuters trapped for hours underground
-
Author Will Self flees with his children after roof of £1million Georgian Stockwell townhouse collapses
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Cannes Film Festival - in pictures
Biggest ever image of the Queen, and she also appears made out of stamps, cheese and BEER
Man v Woman v Food: the big burger challenge
New kids from the Bloc: new wave of Russians settling in London
London drug dealer pictured himself with bags of cannabis and wearing crown of £20 notes
BarChick: Janet's Bar