Kilmarnock fans ‘will buy club if debt cleared’

A UNION of Kilmarnock supporters groups has stated its intention to bid for the club – if they become debt-free.

By CRAIG FORBES Wednesday, 12th February 2014, 12:14 am

Kilmarnock fans are keen to buy the club once it is debt-free. Picture: SNS

Kilmarnock have a debt of more than £9 million but chairman Michael Johnston is reported to have held negotiations with the club’s bankers over a deal.

A group calling itself the Killie (Community) Working Party hopes to establish a Community Interest Company, in conjunction with Supporters Direct Scotland, to purchase the club.

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A representative of the group, Gary Torbett, said: “We would like to acknowledge the work being undertaken by the chairman of Kilmarnock Football Club 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.”

Torbett added: “We see this move as a genuine step forward as we prepare to get our club back. Unfortunately there remains concern amongst supporters with the long-term position of the club and we firmly believe that fan and community ownership is where that lies.”