Amazon Founder Bezos Joins Consortium to Acquire Stake in Liverpool FC
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- A consortium including Amazon founder Jeff Bezos has agreed to acquire approximately 30% of Liverpool Football Club.
- The deal values the club at an estimated 5 to 6 billion pounds (up to $11.5 trillion won).
- Fenway Sports Group (FSG) will retain majority ownership and operational control of the club.
A consortium featuring Amazon founder Jeff Bezos is set to acquire a significant minority stake in English Premier League club Liverpool, representing about 30% of the team. The deal values the storied club at an estimated 5 to 6 billion pounds, according to reports.
The investment group, named 1892 Holdings after the club's founding year, is led by Indian steel magnate Amit Bhatia. Other key investors in the consortium include K5 Global, in which Bezos is a major investor, and Facebook co-founder Eduardo Saverin.
Liverpool has always made decisions with the club's long-term success in mind, not just for a single season. Thanks to this, leading investors and business leaders worldwide continue to show interest.
While the exact amount of Bezos's personal investment has not been disclosed, the Wall Street Journal previously reported that his side would contribute the largest sum among the consortium members. This marks Bezos's first equity investment in a sports club, though he will not be joining Liverpool's board of directors.
Fenway Sports Group (FSG), the current majority owner, will continue to hold the controlling stake and oversee the club's operations. Sources indicate that the club's player acquisition policies and overall management strategy will remain unchanged despite the new investment. Mike Gordon, FSG's president, stated that Liverpool consistently makes decisions with long-term success in mind, attracting interest from global investors. Bhatia, who is set to become vice-chairman of Liverpool's board, expressed confidence in the club's leadership and anticipates supporting its continued success.
We decided to invest based on our deep belief in Liverpool and its leadership. We look forward to supporting the club's success for a long time to come.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.