Two Liverpool supporters’ groups, ShareLiverpoolFC and Spirit of Shankly, have unveiled a buy-out proposal designed to wrestle the Reds from the club’s American owners.
Liverpool, a financially healthy club, have been dragged into a bog of debt ever since the club takeover two years ago and the supporters are unhappy that the Americans have used the club for a refinancing deal that has seen Anfield ridden with debt.
Hence the establishment of the supporters groups Spirit of Shankly and ShareLiverpoolFC which have released a new joint proposal to take ownership of the club in a similar scheme to those operated by Barcelona, Real Madrid and other European clubs.
Initially they hoped to raise £500 million from 100,000 supporters who would pay £5,000 each for a single share.
However, many fans who backed the idea and were in favour of the proposal simply could not afford the price of the share, even if they wanted to participate.
Subsequently, the ‘entry fee’ has been slashed from £5,000 to £500, which is believed will significantly boost participation from a much broader base of supporters.
The aim is to acquire a 60% stake in the club by raising £150 million while seeking a "commercial partner" to invest an additional £100 million for a 40% stake.
A detailed summary of the proposal can be viewed at www.shareliverpoolfc.com.
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Liverpool, a financially healthy club, have been dragged into a bog of debt ever since the club takeover two years ago and the supporters are unhappy that the Americans have used the club for a refinancing deal that has seen Anfield ridden with debt.
Hence the establishment of the supporters groups Spirit of Shankly and ShareLiverpoolFC which have released a new joint proposal to take ownership of the club in a similar scheme to those operated by Barcelona, Real Madrid and other European clubs.
Initially they hoped to raise £500 million from 100,000 supporters who would pay £5,000 each for a single share.
However, many fans who backed the idea and were in favour of the proposal simply could not afford the price of the share, even if they wanted to participate.
Subsequently, the ‘entry fee’ has been slashed from £5,000 to £500, which is believed will significantly boost participation from a much broader base of supporters.
The aim is to acquire a 60% stake in the club by raising £150 million while seeking a "commercial partner" to invest an additional £100 million for a 40% stake.
A detailed summary of the proposal can be viewed at www.shareliverpoolfc.com.
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