Bezos consortium enters 'definitive agreement' to buy Liverpool stake
The world's fourth-most wealthiest person, Jeff Bezos, buys a minority stake in Liverpool along with a Facebook co-founder.
Amazon founder Jeff Bezos, Facebook co-founder Eduardo Saverin, and British-Indian entrepreneur Amit Bhatia have formed an investor group to buy a minority stake in Premier League club Liverpool. The consortium led by Bhatia, married to Lakshmi Mittal's daughter, aims to purchase more than 30 percent of the 20-time English champions.
Liverpool's value was reportedly estimated at $US6 billion ($8.4 billion). The deal, according to club owner Fenway Sports Group (FSG), does not immediately allow for increased spending on players due to financial rules governing club spending. The investment marks Bezos' first venture into soccer, while Saverin and Bhatia, both worth billions, are expected to boost Liverpool's global marketing efforts.
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