My tribe

Supporters group want to purchase majority Kilmarnock shareholding

The Killie (Community) Working Party supporters group are eager to purchase the majority shareholding of the club from chairman Michael Johnston.

The group are looking to get further involved with the club by buying Johnston out if he can reduce Killie's debt to zero, making them the second fan-led syndicate in a week to offer their services as such.

A spokesman for the new consortium said: "We would like to acknowledge the work being undertaken by the chairman to make the club debt-free and would positively encourage him to make every effort to come to an agreement with the club bankers and other significant lenders to reduce the debt to zero.

"The Killie (Community) Working Party would like to make an offer to purchase the chairman's entire shareholding if this can be achieved.

"This offer would be contingent on a fair valuation and the completion of a satisfactory due diligence process.

"We firmly believe that fan and community ownership is where that lies rather than relying on a single majority shareholder who won't be around for ever. The only constants at any club are the fans and the community.

"We will shortly launch our formal efforts to raise the money to take the club into community ownership and we hope that the business community - both private and public - as well as community groups and supporters will get behind us."

 For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball

Andrew Slevison
About the author

Andrew Slevison

Have your say
  • Add your favourite leagues and clubs
  • Build your own personal news stream
  • Easily share your favourite stories
  • Connect with what your friends are saying

Select your favourite
leagues and clubs
to get started.

Already part of MyTribe?