THE fans group which wants to buy Liverpool today challenged the club’s American owners to put ‘some real money’ into Anfield and fend off potentially devastating debts over coming years.

The ShareLiverpoolFC group, which has announced ambitious plans for a Barcelona-style buyout at Anfield with supporters – or organised groups of them – each owning a stake in the club, has conducted its own analysis of Anfield’s finances.

The study comes in the wake of the recent credit crunch – blamed by Tom Hicks and George Gillett for their halting of plans to build a new stadium – and the global banking crisis.

It also follows calls this week by UEFA president Sepp Blatter for controls on the foreign ownership of football clubs, and comments by the FA chairman Lord Triesman and UEFA’s general secretary David Taylor, regarding the excessive debts held by Premier League clubs.

Share Liverpool’s founder Rogan Taylor, a lifelong Liverpool fan, says the probe has raised serious questions about the Reds financial stability, given its dependency on borrowed cash – and the need to find over £20m a year plus to service interest payments on loans lumped onto the books by the owners.

ShareLiverpoolFC is supported by Anfield legends including Phil Thompson, John Barnes and John Aldridge and also has established close working links with the fans union the Spirit of Shankly.

In a statement released today, it said: “Even if the current RBS loan is extended beyond Jan ‘09, under the current arrangement it will only be until July, 2009.

“With both American owners unable to raise money for the stadium, in today’s financial climate, can they raise more ‘real’, unleveraged money to restructure the loan and keep the club afloat?

“If the football bubble bursts, could the loans secured against LFC become sub prime and put the club at risk?

“Kop Football Ltd has to find £20m plus to service the debt of £245m.

“How will the debt be serviced?

“Can the owners assure us that Kop Football’s indebtedness is not to be serviced by the club? If it is, how can the club pay it?”

Said Dr Taylor: “This is not a comfortable position to be in at a time when the game’s regulators are calling for a reduction in debt and foreign ownership – not to mention the effects of the global credit crunch.