Published • loading... • Updated
Liverpool owners seal £1.65bn sale of 30% stake to consortium that includes Jeff Bezos
The consortium, led by Amit Bhatia, would add billionaire backing and could take control within 12 months if the option is exercised.
- On Friday, Fenway Sports Group announced a consortium including Jeff Bezos acquired a roughly one-third minority stake in Liverpool Football Club valued at about $7.1 billion.
- Businessman Amit Bhatia manages the investment group alongside partners, with Bhatia joining Liverpool's expanded board as the new vice chairman to guide the club's long-term strategy.
- The deal grants the investors an option to acquire a majority stake at approximately $8 billion within 12 months, with the lead investor contributing more than $1 billion to the transaction.
- FSG President Mike Gordon stated the consortium shares Liverpool's "long-term philosophy and appreciation for what makes Liverpool special," while Bryan Baum and Elaine Saverin join the board as Bezos declines a seat.
- This marks Bezos's first sports property investment, as the Amazon founder holds a $272 billion net worth; Liverpool, valued at $6 billion by CNBC, competes in the Premier League.
Insights by Ground AI
Podcasts & Opinions
199 Articles
199 Articles
(Seoul = Yonhap News) Reporter Bae Jin-nam = Amazon founder Jeff Bezos has acquired a stake in Liverpool, a prestigious English Premier League (EPL) club.
·Seoul, Korea (the Republic of)
Read Full Article
Coverage Details
Total News Sources199
Leaning Left39Leaning Right37Center49Last UpdatedBias Distribution39% Center
Bias Distribution
- 39% of the sources are Center
39% Center
L 31%
C 39%
R 30%
Factuality
To view factuality data please Upgrade to Premium
