Jeff Bezos Joins Liverpool FC as Part-Owner in Multibillion-Dollar Deal
Jeff Bezos has made his first investment in a sports team by acquiring a stake in Liverpool FC, valued at over $7 billion. The deal, which includes a consortium with Eduardo Saverin, sees Fenway Sports Group selling a 30% stake for £1.65 billion, confirming the club's valuation at £5.5 billion. Amit Bhatia will join as the new vice-chairman.
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Jeff Bezos Buys a Piece of Liverpool Football Club
It is the first known investment by Mr. Bezos, one of the world’s richest men, into a sports team. The deal values Liverpool Football Club at a little more than $7 billion.
Jeff Bezos Bets on Sports With Liverpool Deal
The billionaire is set to become a part-owner of the storied Premier League soccer team, valued at more than $7 billion.
Investor Group Including Jeff Bezos Buys Liverpool FC Stake In Multibillion-Dollar Deal
The deal values Liverpool FC somewhere between $7.1 billion and $7.4 billion.
Liverpool owner FSG seals £1.65bn sale of 30% stake to consortium including Jeff Bezos
Confirmed deal values club as a whole at £5.5bn Amit Bhatia will become club’s new vice-chairman Liverpool’s owner, Fenway Sports Group, has confirmed it has agreed the sale of 30% of the club to a consortium including Amit Bhatia, the Amazon founder Jeff Bezos and the Facebook co-founder Eduardo Saverin. The deal is understood to be worth £1.65bn, valuing Liverpool at £5.5bn, and will see Bhatia become the club’s new vice-chair on an expanded board. Bhatia, the son-in-law of Indian steel magnate Lakshmi Mittal, initiated and led talks with FSG on behalf of the 1892 Holdings consortium, a reference to Liverpool’s founding year. The former co-owner of Queens Park Rangers has received financial backing from the Mittal Family Trust, the K5 Sports fund, of which Bezos is the lead investor, and EE Capital, the family office of Elaine and Eduardo Saverin. Continue reading...