Fans make revised proposal to buy Reds

Fri, 24 Jul 16:16:39 2009

Supporters' groups ShareLiverpoolFC and Spirit of Shankly have unveiled a revised buy-out proposal on the day the club's owners are expected to complete the refinancing of their debt.

The fans' organisations are unhappy with the financial structuring of Liverpool and are behind a proposal for supporters to take ownership of the club in a similar scheme to those operated by Barcelona, Real Madrid and other European clubs.

The key change to the group's original proposal is the reduction of the share price from £5,000 to £500. Initially they hoped to raise £500million from 100,000 fans each paying the £5,000 'entry fee'.

The aim is to acquire a 60% stake in the club by raising £150million while seeking a "commercial partner" to invest £100million for a 40% stake.

A detailed summary of the proposal can be viewed at www.shareliverpoolfc.com.

A statement from the SLFC board said: "This is a realistic plan that squares the circle: How to get broadly based fan ownership of the club, and relieve the level of debt, by offering Liverpool fans an affordable entry fee and a chance to get a modest return for their additional financial support.

"Now we need all those Liverpool fans to carefully consider the proposals in detail on our website - and let us know what they think."

 

Comment 1 - 10 of 10

Sort comments by: Most recent

  1. LET ME BUY THE CLUB AND THEN BUILD TESCO'S ON TOP­ OF IT.YOU COULD HAVE REAL FAMILY DAYS OUT,SPECIAL­ OFFERS INCLUD SHELL TRACKSUITS.

    From Celeste, on Sat 25 Jul 13:08

  2. While it's great to see the fans are motivated, I­ don't think it's a good idea. (I could be­ completely wrong here). The point of this is to gain­ some say in the way the club run. But do these fan know­ how to run the club? Or do they know who to hire to run­ the club?

    From elson l, on Sat 25 Jul 7:25

  3. Lets face it, most of us would prefer Bill Kenwright to­ come in with an offer if it ment we got rid of the­ current board!

    From paulmansi, on Sat 25 Jul 4:31

  4. nishant s, your a c ock as well.

    From tom.chapell, on Sat 25 Jul 1:34
  5. Comment hidden due to its low rating. Show

    jon a, dont pay over the odds, $ 5 + promise of $ 1 ­ transfer kitty for benitez....dis wud suffice....

    From nits4manutd, on Fri 24 Jul 23:31

  6. jon a, go suck my hairy balls you t i t.

    From tom.chapell, on Fri 24 Jul 23:00
  7. Comment hidden due to its low rating. Show

    Sold for £5 to Jon a

    From Aryan, on Fri 24 Jul 23:00

  8. Haha, your funny jon a. your as funny as your mum was­ last night you @#$%!!!!!!!!!!!!

    From tom.chapell, on Fri 24 Jul 22:58

  9. Good Luck to them
    I would have thought at least a­ couple of the players may have contributed given they­ are Liverpool lads

    From LEX, on Fri 24 Jul 22:54
  10. Comment hidden due to its low rating. Show

    my final offer is... £5 for the whole club... take it­ or leave it

    From , on Fri 24 Jul 22:51
Sort comments by: Most recent

Not already a Yahoo! user ? to get a free Yahoo! Account