Fenway Sports Group confirm a deal to sell around 30% of Liverpool to the 1892 Holdings Amit Bhatia-led consortium for around £1.65bn.

Fenway Sports Group confirm a deal to sell around 30% of Liverpool to the 1892 Holdings Amit Bhatia-led consortium for around £1.65bn.

Bhatia will also become Liverpool’s new vice-chairman.

Elaine Saverin and Bryan Baum will both sit on the board. Baum will represent Amazon founder Jeff Bezos.

FSG stay as majority owners and the day-to-day running of the club is unchanged.

The deal is still subject Independent Football Regulator and Premier League Owners’ and Directors’ test approvals.

Mike Gordon: “Liverpool has always been built by thinking beyond one season and making decisions with the club’s long-term interests in mind. That approach continues to attract interest from respected investors and business leaders around the world. As we considered this opportunity, it became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special. Their experience and perspective will complement the strong foundation already in place, and we look forward to working together.”

Amit Bhatia: “We are incredibly proud to be investing in Liverpool Football Club and to be doing so alongside FSG. We have the utmost respect and admiration for FSG as owners and for everything they have achieved at Anfield.

To be welcomed as a partner in a club of this stature is a huge privilege. We are making this investment because we believe deeply in Liverpool and its leadership, and we look forward to supporting the club’s continued success for years to come.”