Bezos-backed consortium buys a third of Liverpool
Liverpool's owners agree to sell around a third of the club to a consortium including billionaire Amazon founder Jeff Bezos - in a deal that values the Reds at more than £5bn.
A consortium including Amazon founder Jeff Bezos has agreed to purchase about one-third of Liverpool Football Club from its current owners, Fenway Sports Group (FSG). The deal values the club between £5bn and £6bn. Bezos, the world's fourth-richest person with an estimated net worth of $256bn, is investing through his venture capital firm K5 Sports.
However, he will not join Liverpool's board. Instead, FSG president Mike Gordon will remain in control, with Amit Bhatia, the son-in-law of Indian billionaire Lakshmi Mittal, becoming Liverpool's vice-chairman. The consortium aims to support Liverpool's long-term growth by combining expertise from global business, technology, and investment.
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- Explained: Why FSG have agreed to sell Liverpool stake to 1892 Holdings as Bezos role clarified sports.yahoo.com
- Jeff Bezos' Liverpool deal raises stakes in US battle for Premier League power iol.co.za
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- Amit Bhatia-led consortium buys minority stake in Liverpool FC timesofindia.indiatimes.com
