I mentioned it a while ago that some form of collaboration with rich Liverpool fans and allowing us more average reds would be a better way to go.
It is eminently doable. Unfortunately we need a couple of our more richer fans to start the ball rolling.
The other thing is - do you honestly believe those 60 people are whatever are all die-hard Man Utd fans? No chance.
Liverpool is in a far better position to be bought by it's fanbase and the owners are more willing to sell.
The ShareLiverpool plan was a good idea, but economically and fundamentally flawed in my view.
Because.
1. The maximum amount one person could invest was too low. Therefore requiring massive numbers of fans to be involved and stopping richer Liverpool fans from contributing more.
2. It was effectively a gift. For whatever people pay they should own the necessary percentage of the club and should have the option of either taking profit or reinvesting it in transfers.
3. As with the above point - the fans would have no say on the direction of the club. They weren't entitled to a vote for instance.
I'd have a system where no one individual could own more than 5% of the club, but individuals could invest as much up to that level.
They would have a vote, based on their share, on electing a club president who would oversee the club for 3-5 years, and be able to vote for directors of the board.
They would be entitled to a 'dividend' which they could either take or re-invest in to a designated transfer fund.
In the event that you needed to sell your share down the line, you could only sell it to those on an approved waiting list of other current investors or other Liverpool fans.
Not too difficult. Pretty straightforward.
Look at this forum for instance - individually we may only own a tiny percentage each - but if we decided to block vote on a stadium plan or a transfer policy we would have more say in how we wanted our club running.
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