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The Irish Times·3 min read·medium

Liverpool owners close to €1.58bn sale of 30% stake to consortium including Jeff Bezos

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Will Unwin, Dominic Booth
Liverpool owners close to €1.58bn sale of 30% stake to consortium including Jeff Bezos
✦AI Summary

A consortium including Jeff Bezos is nearing a deal to acquire a 30% stake in Liverpool Football Club for approximately €1.58 billion. The investment group, led by Amit Bhatia, marks Bezos's first major foray into professional football.

Why it matters

This deal represents a significant shift in Premier League ownership structures and highlights the increasing trend of tech billionaires diversifying into global sports assets.

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A consortium including Amazon founder Jeff Bezos is close to completing a deal for a 30 per cent stake in Liverpool after months of talks with Fenway Sports Group.

The investors are led by Amit Bhatia, the son-in-law of Indian billionaire Lakshmi Mittal, who previously was a shareholder at Queens Park Rangers. Facebook co-founder Eduardo Saverin is another member of the group who are set to pay in the region of £1.35 billion (€1.58 billion) for almost a third of the Premier League club. It is understood the deal is effectively agreed but may take up to a month to complete.

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