Jeff Bezos Joins Liverpool FC as Part-Owner in $7 Billion Deal
Jeff Bezos has made a significant investment by acquiring a stake in Liverpool FC, valued at over $7 billion. This deal marks his first foray into sports ownership, highlighting the exclusive nature of Premier League franchises. The consortium also includes notable investors like Eduardo Saverin, with Amit Bhatia set to become the club's new vice-chairman.
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Jeff Bezos just made his boldest move yet, into soccer
There is a point where money stops compounding and starts collecting. Past a certain size, the marginal dollar cannot buy a better return. It can only buy things that were never for sale. Sports franchises sit at the very top of that list. There are 20 Premier League clubs in any given season, ...
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...