• Home
  • Live TV
  • Schedule
  • Betting
  • News
  • Club
  • More details
  • header_view_only
  • myshows_title
  • docomo_max_label
  • header_for_you
  • header_score_centre
  • header_video
  • Log in
  • Sign up now
  • Help
  • FAQ
  • Terms & conditions
  • Privacy policy and cookie notice
  • About Us
  • DAZN GROUP
  • NEWS
  • Contact Us
  • DAZN™
Advertisement
Soccer

Jeff Bezos and Amit Bhatia consortium buys minority stake in Liverpool

PA
PA
Published by Ian Parker and Phil Blanche
14, Aug
ShareClose
facebook logoFacebooktwitter logoXwhatsApp logoWhatsApplinkedin logoLinkedinreddit logoReddit
Jeff Bezos and Amit Bhatia consortium buys minority stake in Liverpool

Liverpool owners Fenway Sports Group has announced the sale of a minority stake in the Premier League club to a consortium including Amazon founder Jeff Bezos.

It is understood that around 30 per cent to one-third of the club has been sold to 1892 Holdings, a consortium led and managed by Amit Bhatia, the son-in-law of steel billionaire Lakshmi Mittal.

Liverpool confirmed that investments came from Bhatia and the Mittal Family Trusts, K5 Sports with Bezos as the lead investor, and EE Capital, the family office of Elaine and Eduardo Saverin.

“Liverpool has always been built by thinking beyond one season and making decisions with the club’s long-term interests in mind,” FSG president Mike Gordon said in a statement posted on the club website.

“That approach continues to attract interest from respected investors and business leaders around the world.

“As we considered this opportunity, it became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special.

“Their experience and perspective will complement the strong foundation already in place, and we look forward to working together.”

Bezos is one of the world’s richest men with an estimated fortune of £192billion, according to the American business and financial magazine Forbes.

v2-image-production-6d278817672d572a013e1dd598dfeaabY29udGVudHNlYXJjaGFwaSwxNzg2ODExODg4-2.63474385
New Liverpool investor and Amazon founder Jeff Bezos is one of the world’s richest men (Paul Ellis/PA)
N/A

Brazilian businessman Saverin was one of the co-founders of the social network Facebook and part of an unsuccessful consortium bid to acquire Chelsea in 2022.

The minority investment from 1892 Holdings is based on Liverpool being valued at just over seven billion American dollars.

Bhatia said: “We are incredibly proud to be investing in Liverpool Football Club and to be doing so alongside FSG.

“We have the utmost respect and admiration for FSG as owners and for everything they have achieved at Anfield. To be welcomed as a partner in a club of this stature is a huge privilege.

“We are making this investment because we believe deeply in Liverpool and its leadership, and we look forward to supporting the club’s continued success for years to come.”

v2-image-production-88dbac323d5b735506ec11e55087e552Y29udGVudHNlYXJjaGFwaSwxNzg2ODExNjE4-2.70936083
Former Liverpool managing director Christian Purslow says the club’s new investors are an “uber-elite” group (James Manning/PA)
N/A

Liverpool said closing the transaction is subject to regulatory approvals and other customary closing conditions.

Former managing Liverpool director Christian Purslow believes the Reds’ £450million splurge in last summer’s transfer window could explain FSG’s willingness to sell a significant stake in the club.

Speaking on The Football Boardroom podcast, Purslow called the Bhatia-led consortium an “uber-elite” group and said: “It’s very flattering to Fenway that a group of investors at this scale and magnitude would like to invest in Liverpool.

“I think that probably, from Fenway’s point of view, their ideal investors would be extremely deep-pocketed so that if required, they can carry some of the water for Fenway in the coming years.”

Last summer, having won the Premier League title under Arne Slot, Liverpool brought in Alexander Isak, Florian Wirtz, Milos Kerkez, Hugo Ekitike and Jeremie Frimpong.

But Slot was sacked in May after a disappointing campaign and replaced by Andoni Iraola.

Premier LeaguePremier LeagueSoccerSoccer

Editors' Picks

Boxing

Boxing schedule: Fight dates, TV channel and live stream for confirmed cards

DAZNDAZN
7, Sep
Boxing schedule: Fight dates, TV channel and live stream for confirmed cards
Boxing

How to subscribe to DAZN Ultimate Tier to get PPV fights included in your plan

DAZNDAZN
2, Jul
How to subscribe to DAZN Ultimate Tier to get PPV fights included in your plan
Boxing

How much does DAZN cost in the United States? Boxing, Champions League, Serie A and more - Subscription price, payment methods, sports to watch, how to watch

DAZNDAZN
7, Sep
How much does DAZN cost in the United States? Boxing, Champions League, Serie A and more - Subscription price, payment methods, sports to watch, how to watch
See all news

Related news

Erling Haaland says Porto’s Pablo Rosario grabbed his bottom during Man City win

PAPA
4 hours ago
Erling Haaland says Porto’s Pablo Rosario grabbed his bottom during Man City win

Premier League Power Rankings: Crystal Palace benefit from first win of the season

DAZNDAZN
7, Sep
Premier League Power Rankings: Crystal Palace benefit from first win of the season

Erling Haaland says lack of pre-season will make this a tough campaign

PAPA
7, Sep
Erling Haaland says lack of pre-season will make this a tough campaign

Ezri Konsa thrilled to lift Arsenal fans with Morgan Rogers challenge

PAPA
7, Sep
Ezri Konsa thrilled to lift Arsenal fans with Morgan Rogers challenge

Maxence Lacroix expects Chelsea to learn from Arsenal defeat

PAPA
7, Sep
Maxence Lacroix expects Chelsea to learn from Arsenal defeat