Fenway Sports Group (FSG) has confirmed that a consortium led by British-Indian businessman Amit Bhatia has expressed interest in acquiring a minority stake in Liverpool, and multiple reports indicate that Amazon founder Jeff Bezos has been approached to join the group. The talks, which FSG described as concerning a “strategic minority investment,” emerged on the same day Bhatia ended an 18-year association with Queens Park Rangers by transferring his stake to the Championship club’s majority owner.

Viewed from London, the consortium’s structure draws on deep industrial wealth. Bhatia is the son-in-law of steel magnate Lakshmi Mittal, whose fortune is estimated at over $30 billion. Bhatia himself built the UK’s largest independent building materials supplier and sits on an advisory board for Saudi Arabia’s cultural affairs unit. The Financial Times reports that the group is discussing a roughly 30 per cent stake for around £1.35 billion, which would value Liverpool at more than $6 billion — a record for a football club offered in whole or in part. Sky News first reported Bezos’s involvement, noting that the Amazon founder has held discussions but has not yet decided to proceed.

Bezos, whose net worth Forbes places at $257 billion, has repeatedly explored major sports acquisitions without closing a deal. He considered bids for NFL franchises the Seattle Seahawks and Washington Commanders, both of which sold for league records, and looked at NBA teams including the Phoenix Suns and Boston Celtics. His potential entry into European football would mark a new direction, though sources in the US caution that his participation remains uncertain.

FSG bought Liverpool for £300 million in 2010 when the club was near administration. In 2023 it sold a minority stake to investment firm Dynasty for between £82 million and £164 million, a deal that helped offset bank debt from stadium and training-ground redevelopments. The group, which also owns the Boston Red Sox, has stated that any new investment would follow a similar model and would not fund player transfers directly. FSG president Mike Gordon has reiterated the ownership’s long-term commitment to the club.

Liverpool finished fifth in the Premier League last season and have hired Andoni Iraola as manager for the new campaign. The club’s next concrete sporting consequence is the start of the domestic season under new leadership, while the ownership talks, if completed, would provide fresh capital without altering FSG’s controlling position.