Bezos-led consortium takes minority stake in Liverpool FC, with path to majority

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Source: CNBC
Bezos-led consortium takes minority stake in Liverpool FC, with path to majority
Photo: CNBC
TL;DR Summary

A Bezos-led consortium (1892 Holdings) will buy roughly one-third of Liverpool FC from Fenway Sports Group for about $7.1 billion, with an option to become majority owner at around $8 billion within the next 12 months. Amit Bhatia becomes vice chairman and joins the club’s expanded board, while Bezos won’t sit on the board; representatives from K5 Global and Elaine Saverin will. The investment aims to support Liverpool’s long-term growth with a global, tech-enabled ownership group.

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