Liverpool Owner FSG Considers Selling Minority Stake to Amit Bhatia
Fenway Sports Group (FSG) is in talks to sell a minority stake in Liverpool FC to Amit Bhatia, who recently resigned from QPR's board after 18 years.
POLICY WIRE — London, UK — Fenway Sports Group (FSG), the owner of Liverpool FC, has confirmed it’s in discussions to sell a minority stake in the club to Amit Bhatia. This announcement comes on the heels of Bhatia’s resignation from the board of Queens Park Rangers (QPR) after an 18-year tenure.
In a statement, FSG acknowledged the approach from Bhatia, a prominent figure in English football. Bhatia, who co-owned QPR with Flavio Briatore and Bernie Ecclestone until 2011, has been a significant investor in the sport.
“We can confirm that we’re in preliminary discussions with Amit Bhatia regarding a potential investment in Liverpool FC,” an FSG spokesperson said.
Bhatia’s departure from QPR was announced on the same day as the FSG statement. His resignation ends a long-standing association with the London-based club, where he played a crucial role in various capacities.
The potential investment, if successful, would see Bhatia acquire a minority stake in Liverpool FC, one of the most successful and valuable football clubs globally. FSG, which also owns the Boston Red Sox, has been the majority stakeholder in Liverpool since 2010.
The move could bring additional financial resources and strategic insights to Liverpool FC, enhancing its competitive edge in both domestic and international football arenas. Bhatia’s extensive experience in football management and investment is expected to contribute significantly to the club’s future endeavors.
Further details regarding the terms of the potential deal and Bhatia’s specific role within the club are yet to be disclosed. The discussions are currently in their preliminary stages, — and no final agreements have been reached.
Reporting by Policy-Wire (PW)
