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 headed by billionaire Amazon founder Jeff Bezos has acquired a 30% stake in Liverpool football club. The investment comes from Fenway Sports Group (FSG), the club's current owners, who are retaining majority control. The consortium, led by British-Indian businessman Amit Bhatia, also includes Facebook co-founder Eduardo Saverin.
Bhatia will become Liverpool's vice-chairman, joining an expanded board that will include Saverin's wife, Elaine. Bezos, the world's fourth-richest person with a net worth of $256bn, is making his first foray into sports ownership through his venture capital firm K5 Sports, while Bryan Baum from K5 Sports will join the board as well.
The deal is valued between £5bn and £6bn and does not affect the club's transfer window strategy or budget. FSG, which bought Liverpool in a £300m deal in 2010, sees the investment as a long-term growth opportunity, leveraging the consortium's expertise across global business, technology, and investment.
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