Big Announcement! Fenway Group Sells 30% Stake in Liverpool for £1.65 Billion, World's Third-Richest Person to Take Control

On August 15, Beijing time, Fenway Sports Group, the owner of English Premier League heavyweight Liverpool, revealed that following months of talks, it has transferred 30% of its shares in the club to an international consortium called "1892 Holdings."

Per The Guardian, the transaction is worth £1.65 billion, giving Liverpool an overall valuation of £5.5 billion. It is understood that the day-to-day operations of the club will not change in the short term, nor will there be any additional transfer funds.

The consortium name "1892 Holdings" is derived from Liverpool's founding year, and its members include top billionaires from various countries. The group comprises Amit Bhatia, Eduardo and Elaine Saverin, and Jeff Bezos, who is participating through K5 Sports.

Among them, Bhatia, the son-in-law of Indian steel magnate Lakshmi Mittal, will serve as the club's new vice chairman on the expanded board of directors.

Although the world's third-richest person Jeff Bezos (with a net worth of $272 billion), Eduardo Saverin (worth approximately $33 billion), and the Mittal family (worth around $17 billion) are all involved, Fenway Sports Group will remain the majority shareholder and retain operational control of Liverpool. Bezos is classified as a passive investor and will not receive a board seat.

Despite the official announcement, the investment from the "1892 Holdings consortium" still requires regulatory approval, a process that could take up to 90 days. It will not affect Liverpool's transfer budget or recruitment strategy for this summer window, and the club's management structure and daily operations will not change in the short term.

In 2010, Fenway Sports Group acquired Liverpool for £300 million. In the fiscal year ending May 2025, Liverpool's annual revenue grew to a record £703 million.