STATE COLLEGE, Pa. Fans of the late Pennsylvania State University football coach Joe Paterno are planning to commission a new bronze statue of him and place it across from the school.

Organizers say the statue will show Paterno sitting on a bench, reading.

It's expected to cost about $300,000 and could be done in 2015 by Philadelphia sculptor Zenos Frudakis.

Penn State spokeswoman Lisa Powers said the school is not involved in the plan. A downtown restaurant owner said he is interested in having the statue in front of his establishment.

Paterno died in January 2012. That year, the school removed his statue from the campus after a report from a team of investigators headed by former FBI Director Louis Freeh alleged that the late coach and three other top university administrators concealed sex-abuse claims against retired assistant coach Jerry Sandusky.