Fenway Sports Group has agreed to sell 30% of Liverpool to a consortium led by Amit Bhatia, with backing from Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin. The transaction values the club at £5.5bn, with the 30% stake priced at £1.65bn. Bhatia will become vice-chairman on an expanded board.
Bhatia, son-in-law of Indian steel magnate Lakshmi Mittal, spearheaded negotiations on behalf of the 1892 Holdings consortium, named after Liverpool's founding year. Financial support comes from the Mittal Family Trust, the K5 Sports fund led by Bezos, and EE Capital, the family office of Elaine and Eduardo Saverin.
