HUNDREDS of Liverpool FC fans are expected to attend a rally outside St George’s Hall in protest against the club’s American owners.

A line-up of politicians, ex-Reds footballers and musicians have been assembled to speak on July 4, an event billed as “Our Independence Day”.

And the day will signal the launch of a new supporter ownership scheme as part of a bid to wrestle control of Anfield back from reviled Liverpool bosses Tom Hicks and George Gillett.

Credit unions are on the verge of being set up to help supporters raise the £500 necessary to buy a share in the club.

A week on Sunday, Karen Gill, Bill Shankly’s granddaughter, John Aldridge, new Walton MP Steve Rotheram will attend the rally with music from Ian McNabb from the Icicle Works and John Power from Cast and The La’s.

Fans group Spirit of Shankly have been in discussions with Share Liverpool who, in 2008, launched a proposal for 100,000 Reds fans to buy a share for £5,000 to raise the £500m necessary to purchase the club. Over the past 24 months, that figure has been reduced to make the idea more affordable to every day supporters.

It has been suggested for supporters to pool their financial resources together to raise enough cash for a share, or even pay by installments.

The credit union could be set up in the coming months to allow interested Reds to structure payments in installments to secure the money.

Exactly how much is needed before the supporters union could approach Hicks and Gillett with an offer of investment is still being finalised.