Thursday, January 31, 2008

Liverpool Fans Propose Club Buyout

Liverpool's ownership saga is shrouded with more drama today as fans of the club have stated that they are seeking to buy the club back from American owner's George Gillett and Tom Hicks.

A group known as "Share Liverpool FC" is slighted to release their plan to raise the necessary £500m in order to buy out the American's. This comes on the heels of the news that Gillett and Hicks are not going to sell the club to the Dubai's DIC group, and have week finished a £350m refinancing of the club.

The article states that Share Liverpool FC would probably use similar tactics to those used by FC Barcelona fans to raise the money. If successful, Liverpool would become the first EPL team to be owned by its fans. Fan ownership is slightly more common in La Liga where the likes of Real Madrid, Barcelona, Osasuna and Atletico Bilbao are all owned in some way by their fans. Here in the United States the most well known fan owned professional sports team is the Green Bay Packers.

No comments: