Storm chairman Bart Campbell has announced the club will be exploring a fan ownership opportunity.

"When the owners took control of the Melbourne Storm five years ago, we committed to explore the viability of the fan ownership model once we had established a sustainable financial platform for further growth," Campbell said.

"We have been able to achieve that objective with the support of our fans and commercial partners and now is the time for us to look at the future of our football club.

"We see fan ownership as an innovative way to set the platform to turbo-charge the ambitious growth plans we have for the Storm, including doubling our membership to 50,000 by 2023.

"We know this is a complex issue and it will take some time to fully understand the interest and detail of a fan ownership model. We will keep fans up to date on any decisions that are being considered."

Melbourne has appointed international advisory firm Greenhill to handle the process.

Fans can express their interest in buying a part of the Storm here.