Liverpool Owner FSG Sells 30% Stake
Liverpool's owner, Fenway Sports Group, has confirmed it has agreed the sale of 30% of the club to a consortium including Amit Bhatia, Jeff Bezos, and Eduardo Saverin. The deal is worth £1.65bn, valuing Liverpool at £5.5bn.
Background
Amit Bhatia, the son-in-law of Indian steel magnate Lakshmi Mittal, initiated and led talks with FSG on behalf of the 1892 Holdings consortium, a reference to Liverpool's founding year. Bhatia is the former co-owner of Queens Park Rangers.
Key Details
Bhatia has received financial backing from the Mittal Family Trust, the K5 Sports fund, of which Bezos is the lead investor, and EE Capital, the family office of Elaine and Eduardo Saverin. As part of the deal, Bhatia will become the club's new vice-chair on an expanded board.
What It Means
The sale of the 30% stake to the consortium values Liverpool as a whole at £5.5bn. The deal marks a significant investment in the club, with Bhatia set to take on a key role as vice-chair.