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Liverpool owners close to £1.35bn sale of 30% stake to consortium including Jeff Bezos

Group including Amazon founder has held talks with FSG Bhatia and Facebook co-founder Saverin also involved A consortium including Amazon founder Jeff Bezos is close to completing a deal for a 30% stake in Liverpool after months of talks with Fenway Sports Group. The investors are led by Amit Bhatia, the son-in-law of Indian billionaire Lakshmi Mittal, who previously was a shareholder at Queens…

Liverpool owners close to £1.35bn sale of 30% stake to consortium including Jeff Bezos

A consortium of investors, including Amazon founder Jeff Bezos, is on the verge of finalizing a £1.35bn deal to acquire a 30% stake in Liverpool Football Club. Led by Amit Bhatia, son-in-law of Indian billionaire Lakshmi Mittal, the group also includes Facebook co-founder Eduardo Saverin. The deal, which FSG Bhatia is advising on, is currently pending completion and could take up to a month.

Bezos, the executive chair of Amazon, is venturing into football for the first time, having previously shown interest in NFL franchises. With a personal fortune of $257bn, Bezos is now the world's fourth-richest person. Saverin, worth an estimated $32bn, will contribute a significant portion of the investment. This move comes as Liverpool continues to prosper under the ownership of FSG, who took the club in 2010 and have secured two Premier League titles.

Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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