Amit Bhatia-led consortium buys minority stake in Liverpool FC

British-Indian entrepreneur Amit Bhatia, son-in-law of billionaire Lakshmi Mittal, has led a consortium to purchase a 30% minority stake in Liverpool Football Club for approximately £1.7 billion. This investment, orchestrated by the consortium named 1892 Holdings, involves partners such as Mittal Family Trusts, venture capital firm K5 Sports, led by Amazon founder Jeff Bezos, and EE Capital, the family office of Facebook co-founder Eduardo Saverin and his wife Elaine.

The consortium's investments stem from their belief in the club's success and their desire to engage with the club's global business networks. FSG, the current majority owners, will retain control but will now operate under the guidance of Bhatia as vice-chairman. The Spirit of Shankly supporters' union expressed concern over the changes but acknowledged the potential benefits of such investments for the club's future sustainability.