Liverpool chief executive Billy Hogan has confirmed that the club's owners, Fenway Sports Group (FSG), are continuing discussions with a consortium led by Amit Bhatia regarding the sale of a minority stake.
FSG confirmed last week that it was exploring a potential investment, acknowledging that the former Queens Park Rangers co-owner and director's group had expressed an interest. Bhatia, 46, spent 18 years at QPR before stepping down from his role at the Championship club last week and agreeing to transfer his ownership stake.
He is the son-in-law of Lakshmi Mittal, the head of ArcelorMittal, the world's largest steel and mining company. Bhatia has the support of Mittal's family, who are worth £26bn, according to Forbes.
The British-Indian businessman has also reportedly contacted Jeff Bezos about joining his consortium. The Amazon founder, the fourth-wealthiest person globally with a net worth exceeding £190bn, is understood to be mulling over the opportunity.
Hogan's Statement
When pressed for an update on the matter, Hogan told Bloomberg: "I can only refer back to the statement from FSG last week that we have been approached by a consortium that's led, managed and represented by Amit Bhatia for a strategic minority investment in the club. And I wouldn't say anything other than that at this point."
FSG acquired Liverpool in 2010 when they were on the brink of administration for £300m. According to the Financial Times, the prospective deal being proposed by Bhatia would value the club at £4.5bn.
They previously offloaded a single-figure stake to global sports investment firm Dynasty Equity in 2023 and are now considering another transaction. This particular deal is at an early stage, though it involves a considerably larger stake, potentially amounting to 30 per cent of the club.
Bezos's Potential Involvement
Bezos has previously been linked with an interest in acquiring NFL franchises. Both the Washington Commanders and Seattle Seahawks were reportedly on his radar. Neither pursuit has come to fruition. The Amazon billionaire's investment would be notably more modest should he become involved with Liverpool, as it would be a minority stake in the club.
Liverpool have claimed the Premier League, Champions League, FA Cup and Carabao Cup during FSG's 16-year tenure, yet find themselves entering an uncertain period. Andoni Iraola has come in to succeed Arne Slot following an underwhelming 2025/26 campaign.
Michael Edwards also departed his position as FSG's chief executive of football earlier this month. He joined Liverpool in 2011 and was promoted to sporting director in 2016, before his exit in the summer of 2022. His departure represents a considerable setback for both FSG and Liverpool. Further uncertainty over the future of Liverpool's sporting director, Richard Hughes, is also fuelling speculation.
