Liverpool owner FSG seals £1.65bn sale of 30% stake to consortium including Jeff Bezos
Confirmed deal values club as a whole at £5.5bn Amit Bhatia will become club’s new vice-chairman Liverpool’s owner, Fenway Sports Group, has confirmed it has agreed the sale of 30% of the club to a consortium including Amit Bhatia, the Amazon founder Jeff Bezos and the Facebook co-founder Eduardo Saverin. The deal is understood to be worth £1.65bn, valuing Liverpool at £5.5bn, and will see Bhatia…
FC Liverpool, the English football club, has announced that it has sold a minority stake in the club to an investor group led by Amazon founder Jeff Bezos. The club confirmed the deal on Friday, stating that Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal, is spearheading the investor group. Alongside Bezos, Facebook co-founder Eduardo Saverin is also part of the group.
According to a report by the BBC, the American owners of the Fenway Sports Group (FSG), who purchased the club in 2010 for approximately 350 million euros, are set to receive between 1.5 and 1.8 billion euros for 30 percent of the shares. FSG president Mike Gordon stated that this decision is in the long-term best interest of the club.
Bezos is not expected to play an operational role in the club. The fan union Spirit of Shankly expressed skepticism about the deal, citing similar sales in other clubs that led to significant changes in club leadership and football operations that many Liverpool fans did not want to see. The Premier League is considered the wealthiest football league in the world, with around half of its 20 clubs owned by investors primarily based in the United States.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Football Club: Jeff Bezos joins Liverpool FC with investor group handelsblatt.com
