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Bezos-backed consortium buys a third of Liverpool

Liverpool's owners have agreed to sell about a third of the club to a consortium including billionaire Amazon founder Jeff Bezos.

Bezos-backed consortium buys a third of Liverpool

A consortium, including Amazon founder Jeff Bezos, has agreed to purchase a third stake in Liverpool Football Club. Fenway Sports Group (FSG), the club's owners, confirmed the "strategic minority investment" deal with 1892 Holdings, led by British-Indian businessman Amit Bhatia. Bhatia will become Liverpool's vice-chairman and join an expanded board pending regulatory approval.

Bezos, the world's fourth-richest person with an estimated net worth of $256bn, is making his first foray into sports ownership. The consortium's investment is valued between £5bn and £6bn, and the deal includes an option for the group to increase its investment in the future. FSG maintains majority ownership and operational control of Liverpool.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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