Channel NewsAsia
AsiaPac · 3 hrs ago
Liverpool owners secure new investment from Bezos-backed consortium
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. British media reports said the deal was worth more than £1.5 billion, which values the club at over £5 billion ($7 billion).FSG, which bought Liverpool in 2010 for £300 million, 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 consort
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