Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago

Consortium including Amazon founder Bezos to buy minority stake in Liverpool

Aug 14 : A consortium including Amazon founder Jeff Bezos has reached a definitive agreement to buy a minority stake in Liverpool, the Premier League club's owners Fenway Sports Group said on Friday.A source familiar with the matter said the stake is about one-third. FSG, which bought Liverpool in 2010, will maintain the majority share and operational control of the club.The consortium, named 1892 Holdings, is led by former Queens Park Rangers chairman Amit Bhatia and also includes the Mittal Family Trusts, EE Capital and the K5 Sports fund, where Bezos is the lead investor."As we considered this opportunity, it became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special," FSG president Mike Gordon said in a statement. "Their
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