2 hrs ago
Amit Bhatia Says FSG Retains Control After Liverpool Minority Investment
Liverpool is getting new investors, but Fenway Sports Group still controls the club.
Amit Bhatia’s group, called 1892 Holdings, is buying 38% of Liverpool.
The deal values the club at £5.5bn.
Jeff Bezos and Eduardo Saverin are among the investors.
Bhatia says FSG remains the owner and makes the important decisions.
The new investors are partners rather than the people running the club.
However, the consortium could buy all of Liverpool within 12 months if FSG chooses to sell.
Supporters are asking questions about the size of the stake and how openly the deal was explained.
Amit Bhatia says Fenway Sports Group remains Liverpool’s owner and decision-maker.
His 1892 Holdings consortium has agreed to buy a 38% stake valued at £5.5bn.
The consortium includes Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin.
The deal still requires regulatory approval and does not currently represent a planned takeover.
1892 Holdings has an option to buy Liverpool outright within 12 months if FSG decides to sell.
- Who
- Fenway Sports Group, Amit Bhatia’s 1892 Holdings consortium, Jeff Bezos, and Eduardo Saverin.
- What
- A consortium has agreed to purchase a 38% stake in Liverpool, while FSG retains control.
- Where
- Liverpool and Anfield.
- When
- The deal could lead to an outright purchase within 12 months if FSG decides to sell.
- Why
- 1892 Holdings is entering Liverpool as an investment partner and may eventually seek full ownership.
Bhatia and FSG’s Position
Supporter Concerns
Who controls Liverpool now?
Bhatia and FSG’s Position
Bhatia says FSG remains the owner, retains decision-making power, and is being joined by 1892 Holdings as a minority partner.
Supporter Concerns
The 38% stake is larger than the minority holding initially indicated, prompting questions about how much influence the new investors may have.
Possible future takeover
Bhatia and FSG’s Position
Bhatia says the current arrangement is a partnership and does not mean a takeover is planned.
Supporter Concerns
Supporters and observers are scrutinizing the option allowing 1892 Holdings to buy the club outright within 12 months if FSG decides to leave.
Key facts
- Stake
- 1892 Holdings has agreed to purchase 38% of Liverpool.
- Club valuation
- The deal values Liverpool at £5.5bn.
- Current owner
- Fenway Sports Group has owned Liverpool since 2010.
- Decision-making
- FSG remains Liverpool’s majority owner and decision-maker.
- Investors
- The consortium includes Jeff Bezos and Eduardo Saverin.
- Regulatory status
- The deal remains subject to regulatory approval.
- Future option
- 1892 Holdings can potentially purchase Liverpool outright within 12 months if FSG wants to sell.
Quotes
Amit Bhatia
Liverpool vice-chairman and representative of the 1892 Holdings consortium
“This club remains under the ownership of FSG. FSG are the decision-makers and this is their ownership”
easterneye.biz
Sources
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