Liverpool sell minority stake to Jeff Bezos consortium
Reports said the consortium acquired a roughly one-third stake in the Premier League club.
Liverpool Football Club's owners have agreed to sell a minority stake in the Premier League club to a consortium that includes Amazon founder Jeff Bezos. Fenway Sports Group, the club's current owners, revealed that the deal involves a British-Indian millionaire, Amit Bhatia, leading a consortium called 1892 Holdings. This consortium also includes Bezos and Eduardo Saverin, co-founder of Facebook.
The stake acquired by the consortium is reportedly around one-third of the club, valued at between £5 billion and £6 billion. Bezos, the world's fourth-richest person with an estimated net worth of US$256 billion, is not expected to join Liverpool's expanded board of directors. However, Bryan Baum, founder of K5 Sports, and Elaine Saverin, wife of Eduardo Saverin, are set to become board members alongside Bhatia.
FSG president Mike Gordon stated that the deal aligns with Liverpool's long-term philosophy and attracts investors and leaders worldwide.
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Also reported by 2 other outlets
- Liverpool sell minority stake to Jeff Bezos consortium freemalaysiatoday.com
- Liverpool sell minority stake to Jeff Bezos consortium nst.com.my
