Uncategorized

Jeff Bezos wants to join the group of American billionaires buying Premier League clubs

Liverpool FC could be about to step into a new era after owners Fenway Sports Group announced that they are considering selling a significant minority stake” – around 30%, to an investment group led by British-Indian businessman Amit Bhatia.

The consortium also includes Bhatia‘s father-in-law, ­Lakshmi Mittal – chairman of ArcelorMittal, the world’s largest steel and mining company.

FSG confirmed the move to the Financial Times: “An investment consortium led, managed, and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club,” it said.

Bhatia is no stranger to English soccer — he was co-owner at Queens Park Rangers, and was club chairman between 2018 and 2023.

And according to Sky News, another name has now entered the fray – Jeff Bezos.

Jeff BezosGuglielmo Mangiapane

The Amazon founder has not committed to investing but is believed to be exploring the possibility of joining the consortium.

If the deal moves forward at the numbers being discussed, Liverpool’s valuation would exceed $6 billion, a staggering leap from the roughly £300 million (about $390 million) which FSG paid when it took control of the club from American owners Tom Hicks and George Gillett in October 2010.

Liverpool: a club in transition

The potential investment arrives at a moment of major transformation at Liverpool. The club recently brought in a new manager, Andoni Iraola whose contract runs until 2028. And moving in the opposite direction, Michael Edwards left his role as CEO of football as part of a “planned transition” at the start of July.

Edwards‘ departure comes at a critical time for the Reds, who are facing a monumental rebuilding project. In total, 11 members of the senior squad will be out of contract next summer and while that number includes several reserves, it also features first team regulars such as Alisson, Curtis Jones, Konstantinos Tsimikas and captain, Virgil van Dijk.

Some could be offered extensions but many are expected to move on and will need to be replaced. Looking further ahead, Edwards’ permanent successor (FSG president Mike Gordon has taken over on an interim basis) will have to decide whether to offer new deals to players whose contracts expire in 2028Alexis Mac Allister and Rio Ngumoha, or sell.

And it looks like sporting director Richard Hughes could soon be leaving too. He is reported to have an offer on the table from Saudi Pro League outfit Al-Hilal.

So far Liverpool have made two signings ahead of the new season: center-Back Jérémy Jacquet and winger Víctor Muñoz. Iraola is hoping to land replacements for Mohamed Salah and Andy Robertson, who both left as free agents last month.

Following a dismal season when Liverpool, the defending champions, ended with nothing and barely scraped into this season’s Champions League, a financial injection would be welcome.

Why Bezos’ interest matters

Even if Bezos ultimately decides not to invest, his involvement signals how valuable Premier League clubs have become. Liverpool is already one of the world’s most commercially powerful teams, and a valuation north of $6 billion would place it among the most valuable franchises in global sports.

The next steps depend on negotiations between FSG and Bhatia’s consortium — and whether Bezos chooses to formally join the group.

Related stories

Get closer to the game! Whether you like your soccer of the European variety or that on this side of the pond, our AS USA app has it all. Dive into live coverage, expert insights, breaking news, exclusive videos, and more. Plus, stay updated on NFL, NBA and all other big sports stories as well as the latest in current affairs and entertainment. Download now for all-access coverage, right at your fingertips – anytime, anywhere.

And there’s more: check out our TikTok and Instagram reels for bite-sized visual takes on all the biggest soccer news and insights.



Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *