Liverpool to sell minority stake to consortium including Jeff Bezos
Summary
A group of investors including Jeff Bezos has agreed to buy about one-third of Liverpool Football Club. The current owners, Fenway Sports Group, will keep majority control and manage the club.Key Facts
- The investor group is called 1892 Holdings and is led by Amit Bhatia.
- Other investors include the Mittal Family Trusts, EE Capital, and K5 Sports fund.
- Jeff Bezos is the main investor in K5 Sports but will not join Liverpool’s board.
- Amit Bhatia will become Liverpool’s vice chairman and join the club’s board.
- Fenway Sports Group bought Liverpool in 2010 and will keep operational control.
- Liverpool has won the English league 20 times, tied for the most in history.
- The team finished fifth in the Premier League last season.
- Liverpool’s new season begins on August 23 against Newcastle United with new manager Andoni Iraola.
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