Australia-Pacific

Bezos consortium reaches 'definitive agreement' to buy stake in Liverpool FC

Jeff Bezos, the world's fourth-wealthiest person, has reached a definitive agreement alongside Facebook co-founder Eduardo Saverin to buy a minority stake in English football giant Liverpool FC. The deal forms part of the club's existing American owners' strategy to broaden its investor base.

A football stadium with empty seats
A football stadium with empty seatsPhoto: hayati ilker ergün / Pexels
ABC News Australia2 h agoAMZN META

Amazon founder Jeff Bezos has announced a definitive agreement, alongside Facebook co-founder Eduardo Saverin, to acquire a minority stake in English Premier League giant Liverpool FC, a deal that pushes the club's valuation to a new high.

Liverpool has been majority-owned by American group Fenway Sports Group since 2010. The addition of Bezos and Saverin is seen as part of the club's strategy to widen its investor base and accelerate its global commercial growth.

Financial details of the deal have not yet been disclosed publicly. Club management said the new investors would support Liverpool's long-term sporting and commercial ambitions.

M&AAMZNMETAAustralia-PacificABC News Australia
This article is an AI-curated summary of the original story published by ABC News Australia. The illustration is a stock photo by hayati ilker ergün from Pexels and is not from the original story.

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