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Last Updated: Sunday, 2 October 2005, 10:23 GMT 11:23 UK
Chancellor comes to aid of team
Gordon Brown
The chancellor is a lifelong Raith Rovers fan
Chancellor Gordon Brown has pledged to give a financial hand to help save his favourite football team.

He is to give 5,000 of his own money to a planned community buy-out of Fife team Raith Rovers.

He has also asked other famous supporters, such as author Ian Rankin, artist Jack Vettriano and Coldplay bassist Guy Berryman to follow suit.

The owner of the Scottish Second Division club has warned it will close unless a buyer can be found.

Rescue plan

Mr Brown, who was born and brought up in Kirkcaldy where Raith play, said: "The people who deserve praise are leading business people who are all major investors in the project, to whom we are grateful."

"Because the plan is a supporters-led club, the supporters' trust and the supporters' groups are at the heart of the initiative.

"We are inviting local businesses and supporters to invest in the new set-up for the club, which will be community-owned."

He said he was backing supporters "who are rightly demanding a rescue plan".

Mr Brown, who is MP for Kirkcaldy and Cowdenbeath, was in his home town on Saturday to see Raith lose 2-0 against Forfar Athletic.

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