Bezos consortium bought almost 40% of Liverpool

JUST IN: A consortium including Amazon founder Jeff Bezos has bought close to 40% of Liverpool from Fenway Sports Group, in a deal valuing the club between £5bn and £6bn.

Jeff Bezos just bought a big piece of Liverpool Football Club.

A consortium called 1892 Holdings, named for the year the club was founded, has taken roughly 38 percent from Fenway Sports Group, in a deal that values Liverpool between five and six billion pounds. The group is led by British-Indian businessman Amit Bhatia, who spent eighteen years at QPR, with Bezos and Facebook co-founder Eduardo Saverin alongside him.

Bhatia becomes vice-chairman pending regulatory approval, and here's the detail that matters most. The consortium holds an option to buy a controlling stake within twelve months. No formal commitment, but the door to Anfield's front office is now propped open.

So Fenway didn't just sell a slice. They may have sold the exit ramp. Twelve months from now, the richest man to ever touch English football could own the whole thing.

This is Sara White, reporting for HIT.

Source Read the original reporting at bbc.co.uk