‘Crazy’ money: Sale of 30% of Liverpool to consortium with Jeff Bezos for 1.65 billion pounds

Liverpool Football Club has officially confirmed the sale of a 30% stake to an investment consortium, a deal valued at a staggering 1.65 billion pounds. Fenway Sports Group (FSG), the majority shareholder, announced the completion of the transaction on Friday, bringing the Premier League club's total valuation to 5.5 billion pounds.

The investment consortium features prominent global figures, including U.S. billionaire and Amazon founder Jeff Bezos, and Eduardo Saverin, a co-founder of Facebook. This marks a significant entry into the sports investment world for Bezos.

Amit Bhatia, son-in-law of Indian steel magnate Lakshmi Mittal, will assume the role of vice-chairman at Liverpool. Bhatia played a central role in the negotiations with FSG on behalf of the consortium, named 1892 Holdings after the club's founding year.

The deal, first reported in July, signifies a major financial injection into the club and underscores Liverpool's global appeal and commercial value in the current sports market.

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Liverpool’s owners, Fenway Sports Group (FSG), have confirmed the sale of a minority stake in the Premier League club to a consortium including U.S. billionaire and Amazon founder Jeff Bezos.