Liverpool fans plan to buy out club - Sport in brief - Evening Standard
       

Liverpool fans plan to buy out club

A group of Liverpool supporters will on Thursday unveil an ambitious plan to buy the troubled Anfield club from its US owners.

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'."

Sport in brief in Pictures

Don't Miss
Gala night for the Queen of arts - stars turn out in their hundreds to pay tribute

Happy & glorious

Stars turn out in their hundreds to pay tribute to Queen
Prints charming: patterned trousers for summer

Prints charming

Patterned trousers for summer
Promethipedia: the lowdown on Ridley Scott's new blockbuster Prometheus

Promethipedia

The lowdown on Ridley Scott's new blockbuster Prometheus
The Middletan: Kate Middleton has the most requested tan in London

The Middletan

Kate Middleton has the most requested tan in London
Amy Childs bares all like Britney

Dare to bare

Amy Childs vajazzles like Britney
Thais go Gaga: singer’s ‘fake rolex’ tweet sparks new tour row... but fans still mob her at airport

Thais go Gaga

Singer mobbed at airport
Trip the bright fantastic - in vertiginous neon

Fashion

Trip the bright fantastic - in vertiginous neon
Chelsea Champions League celebrations - in pictures

Victory parade

Chelsea Champions League celebrations
High-flying heroes

High flying heroes

David Oyelowo reveals all about new film Red Tails
The Twitter Diaries: Think Bridget Jones tries social networking

The Twitter Diaries

Think Bridget Jones tries social networking