Share Liverpool buy-back scheme assembles business team
The US owners of Liverpool FC are facing a challenge from the club's fans, who have assembled a business team to lead a takeover bid.
Electronic Arts bids for Take-TwoShare Liverpool FC Group has assembled a steering group with experience in finance, law and marketing. The Group aims to get 100,000 fans to give 5,000 each to make a 500 million takeover bid.
The group has so far secure 47.5 million from fans.
Share Liverpool has said that the formation of the new steering group puts it on a "proper footing".
Roger Taylor, founder of Share Liverpool FC, said, "For anybody looking to buy a football club which is valued at over 350m, and in particular one where we are asking tens of thousands of individuals to contribute several thousand pounds, we need to go through proper financial procedures,"
"We have brought together the different skill-sets in areas such as finance, law and marketing that are needed if we are to succeed in this venture."
The American owners of Liverpool, George Gillett and Tom Hicks are currently under no obligation to sell their stakes in the club, although speculation has risen that either of them could sell to Dubai International Capital.
According to the BBC Gillett is open to the idea of selling his stake, while spokesmen for Hicks say he is currently unwilling to sell.
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