Reports place Jeff Bezos and Eduardo Saverin in an Amit Bhatia-led group pursuing roughly 30% of Liverpool for about $1.8 billion. FSG hasn’t confirmed final terms, a signing, regulatory approval or completion.
Liverpool’s ownership story has moved beyond the loose speculation that surrounded earlier Elon Musk ownership rumors. Multiple reports say Amit Bhatia is leading a group in advanced talks with Fenway Sports Group over a proposed Liverpool stake of approximately 30% of the club. Amazon founder Jeff Bezos is reportedly participating, as is Eduardo Saverin, one of Facebook’s co-founders. The proposal is substantial, but Liverpool hasn’t announced a sale.
Talks over a major minority investment in Liverpool have reportedly reached an advanced stage, with Bhatia’s consortium seeking about 30% of the club for approximately $1.82 billion. That price would imply a valuation near $6.1 billion. An announcement could come within days, although the agreement hasn’t been finalized and completion may still take several weeks.
FSG’s public position is much narrower. In July it said: “An investment consortium led, managed, and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club.” That remains the limit of official confirmation: no consortium member list, stake, price, signing, regulatory clearance or closing has been announced.
Bhatia remains the central figure. His QPR association lasted 18 seasons and included roles as both a director and co-owner. In July, he agreed to transfer his holding to majority owner Ruben Gnanalingam and leave the club’s boards, ending a longstanding ownership tie as the Liverpool talks advanced.
A minority stake with control questions
A reported $6.1 billion valuation would put Liverpool at nearly 13 times its 2010 purchase price. FSG said in 2022 that it would consider new shareholders under the right terms. A year later, Dynasty Equity supplied common-equity capital for an officially undisclosed minority position. That holding has been reported at 3%. FSG remains Liverpool’s sole controller.
Reporting describes a roughly 30% minority transaction and expects FSG to retain the larger economic position. That makes “takeover” inaccurate. Yet an equity percentage alone doesn’t settle who holds decision-making power. The PIF-led Electronic Arts consortium provides a separate example of a multi-party buyer with one legally controlling member. Ed Sheeran’s nonvoting Ipswich stake shows the opposite possibility: economic ownership without voting power or a board seat.
Premier League rules make that distinction consequential. If the proposed package carries at least 25% of Liverpool’s voting rights, the league would classify it as an acquisition of Control requiring Board approval. The Independent Football Regulator applies separate statutory tests, including more than 25% of shares or votes and rights amounting to significant influence. The consortium’s voting rights remain undisclosed, leaving the approval path unresolved.
What remains unknown about the investment
The structure of the $1.82 billion investment remains undisclosed. It could go to selling shareholders, directly into Liverpool or both. Board seats, veto rights, Dynasty’s position and the use of proceeds are also unknown, so the deal’s effect on transfers, debt, infrastructure and day-to-day management can’t yet be measured.
The $1.82 billion figure covers the consortium’s reported total investment, not Bezos’s personal contribution. He’s reportedly participating in a personal capacity.
For now, FSG remains Liverpool’s controller. A completed deal would make Bezos one investor inside a Bhatia-led group, not the club’s new owner.
