Jeff Bezos Buys Part of Liverpool Football Club

Jeff Bezos has entered his sports activities possession period.

On Friday, Liverpool Soccer Membership, one of many English Premier League’s so-called “Huge Six” golf equipment, introduced that Fenway Sports activities Group offered a minority fairness stake within the franchise to 1892 Holdings, which incorporates K5 Sports activities, a fund the place the Amazon founder is the lead investor.

That is the primary time Bezos has been publicly recognized as proudly owning a stake in a serious sports activities group, putting him in uncommon firm amongst his fellow billionaires and enterprise titans.

The 1892 group is managed by Amit Bhatia, the son-in-law of metal magnate Lakshmi Mittal. Bloomberg estimates Mittal’s web price to be $42.6 billion. Bhatia was beforehand related to Queens Park Rangers, the place he served as director and co-owner of the guy English soccer membership.

EE Capital, the household workplace of Elaine and Eduardo Saverin, who co-founded Facebook, was additionally concerned within the buy, in line with Fenway Sports activities Group’s press launch.

In response to The New York Instances, the minority stake values Liverpool at $7 billion. 1892 Holdings bought 30% of the membership, in line with The Guardian.

“Liverpool has at all times been constructed by considering past one season and making choices with the membership’s long-term pursuits in thoughts. That method continues to draw curiosity from revered traders and enterprise leaders all over the world. As we thought of this chance, it turned clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool particular,” Fenway Sports activities Group President Mike Gordon mentioned in a press release.

The ultimate sale is pending regulatory approvals, the membership mentioned within the assertion.

John Henry, the proprietor of MLB’s Boston Pink Sox, is Fenway Sports activities Group’s principal proprietor. Henry purchased the membership when it was in dire straits and has since seen Liverpool flourish. “The Reds” gained the Premier League within the 2024-25 season.

Bezos had flirted with different sports activities groups earlier than. In 2023, ESPN reported that the proprietor of The Washington Submit wouldn’t make a bid for the NFL’s Commanders, regardless of hiring a agency to discover such a transfer. An funding group led by billionaire Josh Harris finally purchased the group.