Liverpool FC in talks to sell minority stake to Mittal-backed consortium
Summary
Liverpool Football Club is in early talks with investor Amit Bhatia to sell a minority stake in the team. Bhatia, connected to steel billionaire Lakshmi Mittal, is interested in investing in the club, which is currently owned by the U.S.-based Fenway Sports Group.Key Facts
- Liverpool FC is discussing a deal to sell a small ownership share to a group led by Amit Bhatia.
- Fenway Sports Group (FSG), Liverpool’s current owner, confirmed the investment interest.
- Amit Bhatia is the son-in-law of Indian billionaire Lakshmi Mittal.
- The proposed deal could value Liverpool at over $6 billion.
- Bhatia recently stepped down as director and co-owner of Queens Park Rangers (QPR) football club.
- FSG bought Liverpool in 2010 for about $400 million.
- In 2023, FSG sold a minority stake to another sports investment firm called Dynasty, valued between $100 million and $200 million.
- No final agreement has been made yet; talks are still in the early stages.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.