The owners of the club, Fenway Sports Group (FSG), have confirmed they have entered into a definitive agreement to sell a third of the club's stake. This transaction, described as a strategic investment, values Liverpool at over £5 billion. The buyer is a consortium called 1892 Holdings, in which numerous global billionaires and business people are involved.
The consortium is led by Indian-born billionaire Amit Bhatt, who recently stepped down from his role as director and co-owner of Queens Park Rangers following 18 years. Bhatt, son-in-law of Indian billionaire Lakshmi Mittal, will become deputy chairman of Liverpool FC. His appointment to the expanded board is subject to approval by regulatory bodies. Prior to this move, Bhatt was known for his long-standing experience in English football through his involvement with QPR.
Also entering the ownership structure is Jeff Bezos, founder of the e-commerce giant Amazon and the fourth-richest person in the world with an estimated net worth of $256 billion. This represents Bezos's first entry into sports club ownership. Although Bezos will not join the Liverpool board directly, his investment is being made through the venture capital firm K5 Sports. Bryan Baum, founder of K5, will join the board at Anfield.
Another prominent member of the consortium is Eduardo Saverin, co-founder of Facebook and a billionaire. Saverin will also become a member of the board, alongside Baum. This change in ownership structure marks a significant transformation for the club, taking into account the entry of global technology magnates into the traditional football landscape. FSG has confirmed the agreement, opening a new chapter in Liverpool's history.
