The consortium, including Jeff Bezos, has reached a definitive agreement to buy a minority stake in Liverpool from majority owners Fenway Sports Group for more than £1.5bn.
1892 Holdings, led by former QPR director Amit Bhatia and including Amazon owner Bezos and Eduardo Saverin, one of the founders of Facebook, will have a share of between 30 per cent and one-third in the Premier League club.
FSG will retain operational control and run day-to-day operations, with no change to the leadership to the club. John W Henry remains principal owner, Tom Werner chairman and Mike Gordon president while the club's strategy and broader principles remain the same.
Jeff Bezos has a wealth of roughly $270bn (AFP/Getty)
While Bezos is one of the world's richest men, with a wealth of roughly $270bn, there will not be a change to Liverpool's transfer budget or policy, with no new funds for manager Andoni Iraola as he looks to bolster his squad. The club are also bound by financial sustainability rules while transfer decisions remain up to the club's sporting side, led by director of football Richard Hughes.
#including #director #change #wealth
1892 Holdings, led by former QPR director Amit Bhatia and including Amazon owner Bezos and Eduardo Saverin, one of the founders of Facebook, will have a share of between 30 per cent and one-third in the Premier League club.
FSG will retain operational control and run day-to-day operations, with no change to the leadership to the club. John W Henry remains principal owner, Tom Werner chairman and Mike Gordon president while the club's strategy and broader principles remain the same.
Jeff Bezos has a wealth of roughly $270bn (AFP/Getty)
While Bezos is one of the world's richest men, with a wealth of roughly $270bn, there will not be a change to Liverpool's transfer budget or policy, with no new funds for manager Andoni Iraola as he looks to bolster his squad. The club are also bound by financial sustainability rules while transfer decisions remain up to the club's sporting side, led by director of football Richard Hughes.
#including #director #change #wealth
8 days ago
