Amit Bhatia consortium acquires minority stake in Liverpool FC

Liverpool FC has entered into a definitive agreement to sell a minority equity stake to a consortium led by British-Indian businessman Amit Bhatia. The consortium, 1892 Holdings, includes Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin. Bhatia is the son-in-law of Indian steel magnate Lakshmi Mittal.

Fenway Sports Group (FSG) will retain majority ownership and operational control. Newindianexpress.com reported Bhatia's statement expressing pride in investing alongside FSG. Mathrubhumi additionally quoted Bhatia calling the investment a "huge privilege" and FSG president Mike Gordon stating the consortium shares the club's long-term philosophy.

FSG purchased Liverpool in 2010 for £300 million. The club has since won the Premier League and Champions League.