Consortium led by Bhatia, including Bezos and Saverin, acquires 38% of Liverpool FC
A consortium named 1892 Holdings, led by British-Indian businessman Amit Bhatia and including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin, has acquired approximately 38% of Liverpool FC from Fenway Sports Group under a definitive agreement. The consortium holds an option to purchase a controlling stake within 12 months. Bhatia will become vice-chairman pending regulatory approval.
A consortium named 1892 Holdings, led by British-Indian businessman Amit Bhatia and including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin, has acquired approximately 38% of Liverpool FC from Fenway Sports Group under a definitive agreement, according to BBC Sport reporting.
The consortium's entry into one of global football's most prominent franchises represents a substantial shift in the club's ownership structure. According to BBC Sport, the deal values Liverpool between £5bn and £6bn. Bhatia, who held a director and co-owner position at Queens Park Rangers for 18 years before relinquishing his stake last month, will become Liverpool's vice-chairman and join an expanded board, pending regulatory approval, BBC Sport reports.
The group's name references Liverpool's founding year of 1892. Bhatia is the son-in-law of Indian billionaire businessman Lakshmi Mittal, according to BBC Sport.
A critical element of the transaction is the consortium's option to purchase a controlling stake in Liverpool within the next 12 months, though BBC Sport notes this option does not involve a formal commitment to exercise it. Fenway Sports Group confirmed it had entered into the agreement for the sale of what it called a strategic minority investment.
The sourced reporting does not specify the timeline for regulatory approval beyond the notation that Bhatia's board appointment is pending that clearance, nor does it disclose the purchase price paid for the 38% stake itself.
1892 Holdings acquired close to 38% of Liverpool FC from Fenway Sports Group in a deal that values the club between £5bn and £6bn.
The deal requires regulatory approval before Bhatia assumes his vice-chairman role. Watch whether the consortium exercises its 12-month option to acquire controlling interest, which would mark a fundamental change in Liverpool's ownership and decision-making structure.
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Sources
Single-source report. As published, only BBC Sport had reported this development. No independent outlet had corroborated it.
Also reported by AP News, Bozeman Daily Chronicle, The Killeen Daily Herald, WSLS. Independent coverage of the same development, found by search; not this story's sources.
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