Liverpool FC's decision to increase ticket prices over the next three years has been described as an "existential threat" for fans as the Reds' chief executive issues a new statement defending the controversial decision.

At the end of last month, Liverpool announced ticket prices would be rising in line with the Consumer Price Index for inflation over the next three years.

This will see season ticket prices increase next season from between £21.50 and £27, while the cost of individual match tickets for those without season tickets will go up from between £1.25 and £1.75. Additional increases will then follow in the subsequent two seasons.

The move has caused major anger with fans, with the Liverpool supporters' union, Spirit of Shankly, now organising match-day protests at Anfield over the rising ticket prices, beginning with Fulham's visit on Saturday.

Reds fans group Spion Kop 1906 are also set to remove their flags from the Kop in protest at the rising prices....