Liverpool owners secure new investment from Bezos-backed consortium
A consortium consisting of Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin is acquiring a minority stake in Premier League club Liverpool, according to English soccer giant Liverpool. The deal, valued at approximately $6 billion, sees the investor group led by Amit Bhatia, the husband of an Indian steel magnate's daughter, take ownership of over 30% of the 20-time English champion club.
The business entity responsible for the sale is 1892 Holdings, and the deal was confirmed by Liverpool's owner, Fenway Sports Group (FSG), in a statement. FSG paid 300 million pounds ($400 million) to acquire Liverpool in 2010 and also owns the Boston Red Sox. FSG president Mike Gordon stated that both Bezos and the consortium share FSG's long-term philosophy and appreciation for what makes Liverpool unique.
Bezos, Forbes' fourth-richest person with a net worth of around $280 billion, founded Amazon in 1994 and has been its executive chairman since 2021. Saverin, a Brazilian businessman worth about $36 billion, is known for co-founding Facebook. Amit Bhatia, a British-Indian entrepreneur, previously co-owned Queens Park Rangers for 18 years before stepping down recently.
Written by urgent.news from Associated Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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