8 Jun 2010Liverpool football fans prepare share issue

Football Clubs News | Football Supporters News

A group of Liverpool football fans have outlined plans to hold a share issue later in the year, allowing supporters to purchase equity in the club.

ShareLiverpoolFC is hoping to capitalise on the Anfield side's current off-field woes, as opposition to unpopular American owners George Gillett and Tom Hicks continues to mount due to concerns about Liverpool's multi-million pound debt.

Founder member Rogan Taylor claimed the body will arrange a date for the share issue "later this summer", adding: "This is a serious and rigorously professional undertaking and we believe our core aspiration is both desirable and deliverable. This is our time."

The organisation has the backing of former Liverpool players John Barnes and John Aldridge and insists it has acquired the six-figure sum required to underwrite the process.

Last month, the Times Football Survey, conducted by the Football Fans Census, revealed that Liverpool fans had given Gillett and Hicks a 17 per cent approval rating, just six per cent above that of relegated Portsmouth.

Written by Mark Thompson

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