Bezos consortium bought nearly 40 per cent of Liverpool: Report
LONDON: A consortium including Amazon founder Jeff Bezos bought close to 40 per cent of Premier League giants Liverpool, the Athletic reported Tuesday.
Amazon founder Jeff Bezos is among a consortium that has acquired nearly 40 percent of Premier League club Liverpool, according to the Athletic. The deal, agreed between 1892 Holdings and the consortium led by British-Indian millionaire Amit Bhatia, also includes Facebook co-founder Eduardo Saverin. Bezos, currently the fourth-richest person globally with an estimated net worth of $256 billion, is making his first sports team investment.
Bhatia, son-in-law of Indian billionaire Lakshmi Mittal, previously co-owned QPR for 18 years. FSG, Liverpool's owners, bought the club for £300 million in 2010 and sold a minority stake to Dynasty Equity three years ago. The new investment aims to help Liverpool, currently fifth in the Premier League, bounce back after a disappointing season.
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