sports
Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner
The group that includes Jeff Bezos has an option to become the majority shareholder within the next year.
TL;DR
- Jeff Bezos's investment group, 1892 Holdings, has become a minority owner of Liverpool FC.
- The minority stake is valued at approximately $7.1 billion.
- The deal includes an option to become the majority shareholder within 12 months at an estimated valuation of $8 billion.
- Amit Bhatia will serve as Liverpool's new vice chairman.
- Bezos will not have a board seat, but representatives from K5 Sports and EE Capital will join the board.
- Liverpool FC is valued at $6 billion and competes in the Premier League.