Soccer-Consortium including Amazon founder Bezos to buy minority stake in Liverpool


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Aug 14 (Reuters) - ⁠A consortium including Amazon founder Jeff Bezos has reached a ⁠definitive agreement to buy a minority stake in Liverpool, the Premier ‌League club's owners Fenway Sports Group said on Friday.

A source familiar with the matter said the stake is about one-third. FSG, which bought Liverpool in 2010, will maintain ​the majority share and operational control of ⁠the club.

The consortium, named 1892 ⁠Holdings, is led by former Queens Park Rangers chairman Amit Bhatia and ⁠also ‌includes the Mittal Family Trusts, EE Capital and the K5 Sports fund, where Bezos is the lead investor.

"As we considered ⁠this opportunity, it became clear that Amit and the ​consortium shared our ‌long-term philosophy and appreciation for what makes Liverpool special," FSG president ⁠Mike Gordon ​said in a statement.

"Their experience and perspective will complement the strong foundation already in place, and we look forward toworking together."

Bhatia will become the club's ⁠new vice chairman and join the expanded board ​along with Elaine Saverin from EE Capital and Bryan Baum from K5 Sports. Bezos will not have a seat on the board, according to ⁠the source.

"To be welcomed as a partner in a club of this stature is a huge privilege," Bhatia said.

"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, who have been English champions a joint-record 20 times, ​finished fifth in the Premier League last ‌season. They will start the new campaign ​at Newcastle United on August 23.

(Reporting by Karan Prashant Saxena; Writing by Chiranjit Ojha in Bengaluru; Editing by Ken Ferris)

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