Jeff Bezos joins consortium buying minority stake in Liverpool FC
Fenway Sports Group, which has owned Liverpool since 2010, said it would retain majority ownership and control of the club. Reports said the consortium, led by British-Indian businessman Amit Bhatia, is acquiring roughly one-third of Liverpool.
Liverpool FC's owners, Fenway Sports Group, have agreed to sell a minority stake in the Premier League club to a consortium including Amazon founder Jeff Bezos. The consortium, led by British-Indian millionaire Amit Bhatia, is acquiring around one-third of the club, with Fenway Sports Group retaining majority ownership and control.
The deal values Liverpool at between $US6 billion and £6 billion. According to the New Straits Times, Bezos is not expected to join Liverpool's expanded board of directors, but Bryan Baum, founder of the venture capital firm K5 Sports, which Bezos is using to invest in Liverpool, is set to become an Anfield board member.
FSG president Mike Gordon said the consortium shared their long-term philosophy and appreciation for what makes Liverpool special. The deal marks Bezos' first foray into soccer.
Brief written by urgent.news from Le Monde English, New Straits Times, Free Malaysia Today, ABC News, ABC News AU — 5 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.
