fans in buy out sensation!!

[danwms]

If we raised the 500m now and put it in a bank, how much interest would that gernerate by the time the stadium is built in 2011 and G&H are ready to sell??????

[Red Chilli]

if someone at the club agreed to issue 60k season tickets at £400 each they would need shooting. why would you want to earn even less money than we are probably taking now ?

OK whatever, I'm not aware of the price of an ST because I'm too far down the chuffin list

Anyway, I've been thinking (stop laughing )

If we're going to allow people to buy more than 1 share, only one third of the club could be cought by people owning more than 1 share.
That would mean 2 thirds is equally owned by fans and then if anyone had a proposal about the direction of the club they'd need a majority of the fans on their side.
Otherwise you could have someone owning 51% and it would be back to square 1.

So 67 000 shares to be owned by fans all buying a maximum of 1 share. 33000 shares to be owned by people who want more than 1 share.
So we'd need 67000 fans to stump up the cash, offer an ST for 10 years for 8 grand in new stadium?

[el matador]

If we raised the 500m now and put it in a bank, how much interest would that gernerate by the time the stadium is built in 2011 and G&H are ready to sell??????

a fekkin shed load

[redwien]

**** idea that makes everyone involved look like cunts

Next.

[redwien]

Reds of the world unite! What the **** is 5 grand.

[Tinkerbitch]

I think it would be run on the principles of a co-operative rather than a PLC, were any surplus is shared amongst members- it's significant they are not called investors/shareholders. The defintion of surplus each year would be interesting.

100,000 worldwide stumping up £5K each isn't that vast when you consider our fan base, bearing in mind that many could invest much more, for example David Moores!

Anyway, if I lay off the vodka for a year, I can afford 1 share, so I'm in.

[Barnyard]

Reds of the world unite! What the **** is 5 grand.

I've used a calculator and its £1 more than £4999.

[MattB]

Wasn't Parry spotted in Westminster the other day? Connection?

The Government's new secretary for culture, media and sport has revealed he is taking a keen interest in how the proposal by a Liverpool fans' group to buy the club turns out.

Andy Burnham, who took up his cabinet post this month, described the move as a 'fascinating development' and one which will 'test the water in the Premier League'.

His comments come after fans' group Share Liverpool FC announced their intention to raise enough cash to oust American owners Tom Hicks and George Gillett.

The group are holding a press conference later on Thursday to give more details on how they plan to create a stakeholder base of 100,000 to buy the club.

Really important

Commenting on the situation, Burnham told Five Live: "Obviously we'll wait to see details but this is a fascinating development and it will be really important to see how it works.

"I was one of those who set-up Supporters Direct, an organisation with the aim to encourage supporters to take a greater share ownership in their own clubs.

"So far, it's happened mainly at a lower level. It had been a great success in the Football League and lower and this development will test the water in the Premier League."

Share Liverpool FC is led by Kop season-ticket holder and director of the Football Industry Group Rogan Taylor.

Eminent

Burnham added: "Rogan is very eminent in football matters and he pointed out that the Champions League has been won on six occasions by a mutually-structured club - the Barcelonas and the Real Madrids.

"It (the fans' proposal) is not necessarily incompatible with success."

[Red Chilli]

I think it would be run on the principles of a co-operative rather than a PLC, were any surplus is shared amongst members- it's significant they are not called investors/shareholders. The defintion of surplus each year would be interesting.

100,000 worldwide stumping up £5K each isn't that vast when you consider our fan base, bearing in mind that many could invest much more, for example David Moores!

Anyway, if I lay off the vodka for a year, I can afford 1 share, so I'm in.

5 grand a year on vodka?

Surely some of our players could contribute?
Gerrard on 125 grand a week!! That's 25 shares a week, get your hand in your pocket lad. Fowler, he's loaded, he'd be in.

[calvoboy]

I understand that every persons financial position is different and that for some spending £5k on a bit of paper represents money down the pan. For other people it represents a dream. To own the club you support and have loved all your life. To get rid of these american *******s and restore our club to where it should be.

There is no greater challenge out there or greater threat than the one we are facing now. Bad things happen when good men dont stand up.

Personally speaking im in.

I'd love it to work, and I'd love to be in. But I've got my first kid on the way in a few months, and can't possibly justify spending 5k on this, even if I had it as spare cash sitting in the bank (which I don't). Not on top of renewing my season ticket for the 14th year, and the associated costs of going to the game these days etc.

Now, if it was incorporated into the season ticket, and you were guaranteed cheap season tickets for years to come, as happens at Barca (last i heard they pay around £150 for membership, that entitles them to attend all football, ice hockey and basketball games), then I'd be more likely to be in.

But regardless of who's in or out, I've got doubts as to whether this will be possible given our starting point (a huge debt, huge investment needed in a new stadium, and an owner who seemingly is unwilling to sell). I'll await the details with interest, but I think they'll have a huge job on to make it work.

It would be fantastic to be the first member owned football club in the Premiership though.

[el matador]

OK whatever, I'm not aware of the price of an ST because I'm too far down the chuffin list

Anyway, I've been thinking (stop laughing )

If we're going to allow people to buy more than 1 share, only one third of the club could be cought by people owning more than 1 share.
That would mean 2 thirds is equally owned by fans and then if anyone had a proposal about the direction of the club they'd need a majority of the fans on their side.
Otherwise you could have someone owning 51% and it would be back to square 1.

So 67 000 shares to be owned by fans all buying a maximum of 1 share. 33000 shares to be owned by people who want more than 1 share.
So we'd need 67000 fans to stump up the cash, offer an ST for 10 years for 8 grand in new stadium?

as there would be no dividends payable you wouldnt attract any institutional investors who were looking to raise the values of their portfolios.

But the fact remains that if Liverpool FC want to look for 100,000 investors at £5k then they might be a while finding them. If they went for 15,000 investors who between them raised the full £500m then we'll get there quicker.

But those who have 1 share obviously wont have the same power as those with 1000.

Alternatively the single shareholders get together and form a group and collectively speak together. Then that group would probably be more powerful than an one muiltiple investor.

[Red Chilli]

as there would be no dividends payable you wouldnt attract any institutional investors who were looking to raise the values of their portfolios.

But the fact remains that if Liverpool FC want to look for 100,000 investors at £5k then they might be a while finding them. If they went for 15,000 investors who between them raised the full £500m then we'll get there quicker.

But those who have 1 share obviously wont have the same power as those with 1000.

Alternatively the single shareholders get together and form a group and collectively speak together. Then that group would probably be more powerful than an one muiltiple investor.

So are you proposing 15 thousand lads putting in 35 grand each? Less likely IMO

[el matador]

I'd love it to work, and I'd love to be in. But I've got my first kid on the way in a few months, and can't possibly justify spending 5k on this, even if I had it as spare cash sitting in the bank (which I don't). Not on top of renewing my season ticket for the 14th year, and the associated costs of going to the game etc.

Now, if it was incorporated into the season ticket, and you were guaranteed cheap season tickets for years to come, as happens at Barca (last i heard they pay around £150 for membership, that entitles them to attend all football, ice hockey and basketball games), then I'd be more likely to be in.

But regardless of who's in or out, I've got doubts as to whether this will be possible given our starting point (a huge debt, huge investment needed in a new stadium, and an owner who seemingly is unwilling to sell). I'll await the details with interest, but I think they'll have a huge job on to make it work.

It would be fantastic to be the first member owned football club in the Premiership though.

Its easy - EST 1892 form a group called the EST 1892 Investment Group - those who cant buy a share put in whatever they can afford and the Group buys the shares on behalf of the whole of EST 1892.

Collectively we might raise £20k and thus have 4 shares between us.

I understand about your circustances mate, I've also got kids and god knows they're expensive. You might have to cut back on your internet usage

If we can all do what we can then at least we did something. At least we all stood up for something.

[Red Chilli]

So who are these 6 member owned clubs who've won the CL in recent years?

I know Barca is one.

[zaheerm]

I can see a number of problems. In Barca, all the members have season tickets. We wouldn't be able to give 100k new season tickets out, and what about existing season ticket holders who haven't got 8k to give? Do you get rid of them? Also, why would 100k people give 8k with no prospect of a return, or a season ticket. And if it is because they would have a stake in the club, and receive dividends when we do well, then the approach would be little different to someone buying the club and turning it into a PLC? And how do we raise extra money when required for future transfers etc?

I really like the idea, and would love nothing more than for our club to be owned by the fans as Barca is. But from the position we are in now, and given the amounts of money that would have to be involved, I can't see it being achievable. Sadly.

Having been a socio of FC Barcelona, I can tell you there are certain grades of socio. The lowest bog standard one which I had was a discount on tickets and early ability to purchase tickets. For that it costs €150 a year. I took this out solely to get a ticket to last year's FC Barcelona vs Liverpool at Camp Nou while I was living in Barcelona. I used it as well to buy tickets to a few La Liga and cup games there too. The grades go up through different season ticket levels also. So 100k or more can quite easily be socios of Liverpool FC, just only a certain amount of them would have a season ticket also.