Reds fans group aim to launch fan-ownership scheme for Liverpool FC

Multimedia Background image for 'share liverpool 'The board of Liverpool fans' group ShareLiverpool FC has announced plans to launch a share issue which would enable supporters to purchase a stake in the club, further turning up the heat on unpopular Reds owners George Gillett and Tom Hicks.The move comes hot on the heels of news that the 'Spirit of Shankly' supporters' union intends to launch a fan-ownership scheme of their own this summer, after talks of a merger between the two groups proved fruitless.ShareLiverpool founder Rogan Taylor revealed that the group now possess the funds to underwrite the costs of organising and delivering a full share issue. This would enable Liverpool supporters to collectively seek to purchase equity in the club, and would comply fully with the stringent rules outlined by the UK Financial Services Authority. Taylor said:'ShareLiverpoolFC board will now look to specify a date for a share issue later this summer. This is a serious and rigorously professional undertaking and we believe our core aspiration is both desirable and deliverable. "This is our time. It presents the best - and perhaps the only chance - of fans gaining control or at the very least a significant equity stake in the Club they love and support.'The news represents a major step forward for ShareLiverpool, whose ultimate aim is to make Liverpool the first major UK club to be owned by its supporters.

Source: Liverpool_Echo