header logo
Vallibel FD
vallible LE
Sports
Bezos consortium bought almost 40% of Liverpool
Aug 19, 202608:06 AM
Bezos consortium bought almost 40% of Liverpool
Mobitel inner 1278

A consortium including Amazon founder Jeff Bezos bought close to 40% of Liverpool from Fenway Sports Group (FSG).

 

It was initially reported that 1892 Holdings had bought about a third of the club, but - as first reported by The Athletic, external - it is actually about 38%.

 

There is also an option for the consortium to buy a controlling stake in Liverpool in the next 12 months, though that does not involve a formal commitment.

 

In a statement on Friday, FSG confirmed it had entered into a "definitive agreement" for the sale of a "strategic minority investment" to 1892 Holdings.

 

The group - named after Liverpool's founding year - is led by British-Indian millionaire businessman Amit Bhatia and also includes Bezos and billionaire Facebook co-founder Eduardo Saverin.

 

Bhatia will become Liverpool's vice-chairman and join an expanded board pending regulatory approval.

 

The son-in-law of Indian billionaire businessman Lakshmi Mittal, he had been a director and co-owner of Queens Park Rangers for 18 years before relinquishing his stake in the club last month.

 

The deal is understood to value Liverpool between £5bn and £6bn.

 

Source: BBC

– Agencies

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
 Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

 Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

 Prevention of Organised Crimes Bill sparks controversy as experts raise concerns

Prevention of Organised Crimes Bill sparks controversy as experts raise concerns

 Low-pressure area over Bay of Bengal triggers heavy rainfall across parts of Sri Lanka

Low-pressure area over Bay of Bengal triggers heavy rainfall across parts of Sri Lanka

 MP Namal Rajapaksa issues special statement to mark 50 days since his imprisonment

MP Namal Rajapaksa issues special statement to mark 50 days since his imprisonment

Traffickers changing routes amid intense scrutiny; Narcotics seized from US, UK and EU arrivals

Traffickers changing routes amid intense scrutiny; Narcotics seized from US, UK and EU arrivals

Protest demanding release of Gnanasara Thero continues;  Eviction order served to demonstrators

Protest demanding release of Gnanasara Thero continues; Eviction order served to demonstrators

Court rejects Namal Rajapaksa’s bail application; MR pens emotional letter to remanded son Namal

Court rejects Namal Rajapaksa’s bail application; MR pens emotional letter to remanded son Namal

“AI presents opportunities while posing new challenges” CBSL Chief at 76th anniversary celebrations

“AI presents opportunities while posing new challenges” CBSL Chief at 76th anniversary celebrations

Gnanasara Thero will not be produced before court tomorrow

Gnanasara Thero will not be produced before court tomorrow

SC concludes hearing petitions challenging proposed anti-terrorism bill;

SC concludes hearing petitions challenging proposed anti-terrorism bill;

 Highest rainfall recorded in Marawila as heavy downpour continues in parts of the island

Highest rainfall recorded in Marawila as heavy downpour continues in parts of the island

 Opposition seeks parliamentary select committee to probe death of tusker 'Kawanthissa’

Opposition seeks parliamentary select committee to probe death of tusker 'Kawanthissa’

 Final rites of Most Ven. Keppetiyagoda Siriwimala Thero held with state patronage in Kandy

Final rites of Most Ven. Keppetiyagoda Siriwimala Thero held with state patronage in Kandy

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Lassana Flora
Lassana Flora