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Bezos consortium bought almost 40% of Liverpool

A consortium including Amazon founder Jeff Bezos bought close to 40% of Liverpool from Fenway Sports Group (FSG).

Bezos consortium bought almost 40% of Liverpool

A consortium led by Amazon founder Jeff Bezos has acquired nearly 40% of Liverpool Football Club from Fenway Sports Group. Initially reported at around a third, the actual stake is 38%, according to The Athletic. There exists an option for the consortium to purchase a controlling share within the following year, though it remains uncommitted.

FSG confirmed a definitive agreement for the sale of a strategic minority investment to the consortium named 1892 Holdings. Led by British-Indian businessman Amit Bhatia, the group also includes Bezos and Facebook co-founder Eduardo Saverin. Bhatia, son-in-law of Lakshmi Mittal, will serve as Liverpool's vice-chairman upon acquiring the expanded board seat after regulatory approval. The deal is valued between £5bn and £6bn.

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

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