Monty Betham has a novel solution for the Warriors' ownership: it should be crowdfunded by fans.

Former New Zealand Warriors player Monty Betham has confirmed the league club is for sale for $20 million and he has buyers in mind: the fans.

Betham has called on the Auckland club's legion of fans to each stump up $100 to meet Eric Watson's sale price as the ownership of the NRL club remains uncertain.

A Warrior from 1999 till 2005, with over 100 appearances for the team, Betham went on Facebook to ask fans to open their wallets.

FACEBOOK Monty Betham's post on Facebook.

"No one loves the Warriors more than us - the fans. SO WHY DON'T WE BUY IT?," Betham wrote, confirming long-time owner Watson was selling the club for $20 million.

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"That may seem like a lot, but considering there are almost half a million Warrior supporters on Facebook alone, if only 200,000 fans put in 100 bucks each, the club could be owned BY US - THE FANS.

STUFF Monty Betham celebrates a Warriors victory in 2005, his final year at the club.

"Everywhere I go you loyal diehards are very vocal and share your thoughts with me about the club that WE all love. It's time to make your thoughts count. Please SHARE this post and show your support for us to take the next steps to try and crowdfund the purchase of #OurWarriors. Let's own the colours we have running through our veins and wardrobes!"

Betham insisted he was serious and asked fans to tag every Warriors supporter they knew.

After news broke at the weekend the club was for sale, the millionaires involved were still debating the valuation of the NRL franchise.

CHOICEKIDS/SCREENGRAB Auckland businessman Paul Davys has confirmed he is keen to buy the Warriors club but he and Eric Watson are yet to agree on a price.

Auckland businessman Paul Davys went public on Sunday with his bid in to buy the club off Watson, setting a deadline of Friday for a deal to be struck.

On Wednesday night, NZME reported Davys' offer was around $15 million, while Watson wanted at least $20m to part with the club he has owned to some degree for 17 years.

On Monday, Davys said he would know by the end of the week whether Watson had accepted the offer.

"If he hasn't by the end of the week then it's probably better for the club and myself to move on."

Davys has a large stake in the childcare company ChoiceKids with his business partner, NRL player agent Peter Brown, but said if he did ;buy the Warriors he planned to be hands on.

His first priority would be to address the culture problem he felt the club had and did not know if that would include current coach Stephen Kearney.

"I just know that the Warriors aren't winning and there's a need for a culture change and whether that's Steve's fault or not, I don't know," Davys said.