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Bezos consortium bought almost 40% of Liverpool

Bezos consortium bought almost 40% of Liverpool

Summary

A group called 1892 Holdings, which includes Jeff Bezos and Eduardo Saverin, has bought about 38% of the Liverpool football club from Fenway Sports Group. The group may also have the option to buy a controlling share in the next year.

Key Facts

  • 1892 Holdings bought nearly 40% (about 38%) of Liverpool Football Club.
  • The owner group they bought from is Fenway Sports Group (FSG).
  • Jeff Bezos (Amazon founder) and Eduardo Saverin (Facebook co-founder) are part of 1892 Holdings.
  • The group is led by Amit Bhatia, a British-Indian businessman.
  • Amit Bhatia will become Liverpool’s vice-chairman and join the club’s board soon.
  • The club’s value is estimated between £5 billion and £6 billion.
  • There is an option for 1892 Holdings to buy a majority (controlling) stake within 12 months, but no formal commitment yet.
  • Amit Bhatia was previously involved with another football club, Queens Park Rangers, for 18 years.
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