British Indian Amit Bhatia-led consortium agrees to acquire minority stake in Liverpool FC

LIVERPOOL: (Aug 16) Premier League side Liverpool FC has entered into a “definitive agreement” to sell a minority equity stake to a consortium led and managed by British-Indian businessman Amit Bhatia, with Amazon founder Jeff Bezos among the prominent investors.

The 46-year-old Bhatia, son-in-law of Indian steel magnate Lakshmi Mittal, leads and manages 1892 Holdings, which also includes K5 Sports, a K5 Global Fund with Bezos as its lead investor, and EE Capital, the family office of Elaine and Facebook co-founder Eduardo Saverin.

“Fenway Sports Group (FSG), a global sports, media, entertainment and real estate company, today announced that it has entered into a definitive agreement for the sale of a minority equity stake in Liverpool FC to 1892 Holdings,” a club statement read