A consortium of investors led by Amazon founder Jeff Bezos has officially agreed to acquire a minority stake in Liverpool Football Club. Fenway Sports Group (FSG), who have owned the club since 2010, confirmed the deal on Friday.
According to sources familiar with the situation, the stake being acquired represents roughly one third of the club's shares. FSG will retain a controlling interest and will continue to manage the club’s operations.
The investment group, named 1892 Holdings, is chaired by former Queens Park Rangers chairman Amit Bhatia. Other members of the consortium include Mittal Family Trusts, EE Capital, and the K5 Sports fund, with Bezos being the lead investor.
“When we were weighing up this opportunity, it became clear that Amit and the consortium share our long-term philosophy and understanding of what makes Liverpool so special,” said FSG President Mike Gordon in a statement. “Their experience and insights will complement the strong foundation we have already built, and we look forward to working together.”
Bhatia will take on the role of vice-chairman and join an expanded board alongside Elaine Saverin of EE Capital and Brian Baum from K5 Sports. Reports indicate that Jeff Bezos will not hold a position on the board.
“Being welcomed as a partner in a club of this magnitude is a tremendous privilege,” said Bhatia.
“We are making this investment because we deeply believe in Liverpool and its leadership, and we look forward to supporting the club’s continued successes for many years to come.”
Liverpool, a club with a rich history that boasts 20 league titles, finished fifth in the Premier League last season. The new campaign is set to kick off with a match against Newcastle United on August 23.
