Jeff Bezos-led consortium nearing deal for 30% stake in Liverpool FC
Translated from English, summarized and contextualized by DistantNews.
At a glance
- Amazon founder Jeff Bezos is reportedly nearing a deal to acquire a 30% stake in Liverpool Football Club.
- The consortium, led by Amit Bhatia, is expected to pay approximately โฌ1.58 billion for the stake.
- This potential investment marks Bezos' first foray into football ownership, though he has previously considered NFL franchises.
Amazon founder Jeff Bezos is reportedly on the verge of acquiring a significant stake in Liverpool Football Club, signaling a major shift in the club's ownership structure. Sources indicate that a consortium led by Amit Bhatia, son-in-law of Indian billionaire Lakshmi Mittal, is close to finalizing a deal for 30% of the Premier League team.
The investment is expected to be in the region of โฌ1.58 billion (ยฃ1.35 billion). While the deal is understood to be effectively agreed upon, the final completion may take up to a month. This move represents Jeff Bezos' first investment in the world of football, although he has previously explored bids for NFL franchises.
Bezos, with a personal fortune estimated at $257 billion, is the executive chair of Amazon. The online retail giant has increasingly diversified into entertainment, acquiring numerous sports rights for its streaming service. Amazon has broadcast Premier League and Champions League matches in various regions.
The current owners, Fenway Sports Group (FSG), purchased Liverpool in 2010 and have since celebrated two Premier League titles. FSG previously sold a 3% stake to the private equity firm Dynasty Equity in 2023. The club has also seen recent changes, including a new head coach and player departures.
Originally published by Irish Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.