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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Sports

Liverpool sell minority stake to Jeff Bezos-backed consortium

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Liverpool Football Club has announced a minority equity investment from a consortium led by businessman Amit Bhatia, including Amazon founder Jeff Bezos.
  • Fenway Sports Group (FSG) will retain majority ownership and operational control, with the investment aimed at supporting the club's long-term growth and exploring new opportunities.
  • The deal brings high-profile business and investment expertise into the club's ownership structure, with partners expected to work with FSG on strategic initiatives.

Liverpool Football Club has welcomed a new strategic minority investment from a consortium led by businessman Amit Bhatia, with Amazon founder Jeff Bezos among the notable investors. Fenway Sports Group (FSG), the club's majority owner, confirmed the definitive agreement on Friday, signaling a move to bolster the club's long-term ambitions.

The strategic investment supports Liverpool F.C.โ€™s long-term growth ambitions.

โ€” Liverpool FCStatement on the club website regarding the new investment.

The investment, managed by 1892 Holdings, also includes the Mittal Family Trusts, K5 Sports (with Bezos as lead investor), and EE Capital. Despite the influx of new capital and expertise, FSG will maintain majority ownership and full operational control of the Premier League club. The deal is framed as a strategic partnership designed to leverage global business, technology, and investment insights to enhance the club's objectives both on and off the pitch.

Liverpool has always been built by thinking beyond one season.

โ€” Mike GordonFSG President explaining the ownership group's long-term approach.

FSG President Mike Gordon emphasized the ownership group's long-term vision for Liverpool, stating that the consortium's shared philosophy and understanding of the club's unique identity made the partnership attractive. "It became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special," Gordon remarked.

It became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special.

โ€” Mike GordonFSG President on why the consortium was an attractive partner.

Amit Bhatia, speaking for 1892 Holdings, expressed pride in joining Liverpool's ownership. "We are incredibly proud of investing in Liverpool Football Club and to be doing so alongside FSG," he said. Bhatia highlighted the group's deep belief in the club and its leadership, looking forward to supporting its continued success. The consortium's involvement is expected to bring valuable expertise and resources, reinforcing Liverpool's strategic direction without altering the fundamental ownership structure.

We are incredibly proud of investing in Liverpool Football Club and to be doing so alongside FSG.

โ€” Amit BhatiaSpeaking on behalf of 1892 Holdings, the investing consortium.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.