Liverpool to sell minority stake to consortium including Jeff Bezos

A ‌‌consortium which includes Amazon founder Jeff Bezos has reached a ⁠⁠definitive agreement ⁠⁠to buy a minority stake in Liverpool FC, the Premier League club’s owners, Fenway Sports Group has announced. 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. FSG, the US multinational sports company which bought Liverpool in 2010, will maintain the majority ⁠⁠share and operational control of the club.

Bhatia will become ⁠⁠the club’s new vice chairman and join the expanded board, along with Elaine Saverin from EE Capital and Bryan Baum from K5 Sports. Bezos will not have ⁠⁠a seat on the board, according to .