Bezos consortium acquires 38% stake in Liverpool FC for around $2.7 billion

1. 11892 Holdings, led by Amazon (AMZN) founder Jeff Bezos, has acquired a 38% stake in Liverpool FC.
2. 2The stake was purchased from Fenway Sports Group together with Batia and Saverin for about £2 billion (around $2.7 billion), with an option to acquire a majority stake within 12 months.
3. 3This is the first football investment amid last season's fifth-place finish and the dismissal of manager Arne Slot, with Bezos citing a Buffett-style long-term investment approach.

Source Fortune · View original ↗

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