Fenway Sports Group (FSG) has entered into a definitive agreement to sell a minority stake in Liverpool FC to a consortium known as 1892 Holdings. The investment group is spearheaded by former Queens Park Rangers chairman Amit Bhatia and features participation from the Mittal Family Trusts, EE Capital, and the K5 Sports fund, where Amazon founder Jeff Bezos serves as the lead investor. While the exact financial terms remain undisclosed, sources familiar with the transaction indicated to Reuters that the stake represents approximately one-third of the club.
FSG, the American sports conglomerate that acquired Liverpool in 2010, will retain majority ownership and continue to hold operational control. FSG president Mike Gordon expressed optimism regarding the partnership, stating that the consortium aligns with the club’s long-term philosophy. “Their experience and perspective will complement the strong foundation already in place and we look forward to working together,” Gordon said in a statement released Friday.
As part of the restructuring, Amit Bhatia will join the club’s expanded board as vice chairman. He will be joined on the board by Elaine Saverin of EE Capital and Bryan Baum from K5 Sports. Although he is a lead investor, Jeff Bezos will not hold a seat on the board. Reflecting on the deal, Bhatia remarked, “To be welcomed as a partner in a club of this stature is a huge privilege. We are making this investment because we believe deeply in Liverpool and its leadership and we look forward to supporting the club’s continued success for years to come.”
Liverpool, which holds a joint-record 20 English league titles, concluded the previous Premier League season in fifth place. The club is currently preparing for the upcoming campaign under new manager Andoni Iraola, with their opening fixture scheduled against Newcastle United on August 23.
FSG, the US multinational sports company which bought Liverpool in 2010, will maintain the majority share and operational control of the club.
