Bezos-backed consortium takes stake in Liverpool
A consortium led by Amazon founder Jeff Bezos has secured a minority stake in Premier League club Liverpool, according to Fenway Sports Group, the club's owners. The stake is estimated to be around one-third, with the deal reportedly worth over £1.5 billion, valuing the club at more than £5 billion. Fenway Sports Group (FSG) will retain the majority share and operational control, with the new investors joining the expanded board.
Former Queens Park Rangers chairman Amit Bhatia will become the club's vice chairman, alongside Elaine Saverin from EE Capital and Bryan Baum from K5 Sports fund, where Bezos is the lead investor. Bhatia expressed his excitement about joining the club, stating that their investment is rooted in their deep belief in Liverpool's potential and the leadership of its management.
Liverpool, who have won the English title a joint-record 20 times, finished fifth in the Premier League last season and will kick off their new campaign against Newcastle United on August 23.
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- Jeff Bezos nears $6B Liverpool FC stake deal economictimes.indiatimes.com
