Fenway Sports Group (FSG) have confirmed that they have received an approach over selling a stake of Liverpool Football Club.
Liverpool owners Fenway Sports Group (FSG) have confirmed that they are in talks over selling a 'significant minority stake' of the club to a consortium of investors. The group are led by former Queens Park Rangers owner and businessman, Amit Bhatia.
The group are also backed by the Mittal family, whose net worth is reported by Forbes to be valued at over £26 billion. Talks, however, continue at an early stage, with no agreement reached at the moment.
Bhatia leaves QPR
Bahatia appears to be preparing for his involvement in Liverpool, with it confirmed by QPR on Tuesday that the Indian-British co-owner had left his role at Loftus Road. It brings to an end a nine-year association with the club.
Speaking on their official website, he said: “Since joining the club in 2007, QPR has been a deeply important part of my life, and of my family’s life. Over nearly two decades we have shared promotions, relegations, unforgettable highs and painful lows, and the memories we have made at Loftus Road alongside the supporters will stay with us forever.
“Being part of QPR has shaped me in many ways. It has taught me about resilience, responsibility and the importance of stewardship. I am especially proud of the work of QPR in the Community Trust, which reflects the best of the club and the extraordinary role it plays in the local community.
“I step back from my formal responsibilities with pride, gratitude and affection. I want to thank the players, managers, staff, the Community Trust, my fellow board members and, above all, the fans, who have made me and my family feel part of the QPR family for so many years.
“I am grateful to my dear friend Ruben and his family for their friendship and partnership, as I am to Richard, Lee, Christian and everyone continuing to work on behalf of the club. QPR will always have a very special place in my heart.”
FSG statement
Bhatia is the son-in-law of Lakshmi Mittal, the chief of ArcelorMittal, the world's largest steel and mining company, and FSG have confirmed that talks are ongoing regarding what's been termed a "significant minority stake".
These negotiations are being seen like the agreement with Dynasty Equity in 2023, which was valued between £82m and £164m. In a statement given to the Liverpool ECHO, FSG said: "An investment consortium led, managed and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club."
Mr Bhatia has so far remained tight-lipped about the developments.
FSG ownership
FSG acquired Liverpool for £300m in October 2010. More than 15 years on, the 20-time Premier League champions are now worth £5.2 billion according to the respected American financial magazine Forbes.
Earlier this year, the club recorded revenues exceeding £700m for the first time in their existence. In 2024, Fenway started to consider the possibility of a multi-club ownership model, but have since put those plans on hold.
This decision resulted in the departure of Michael Edwards, Liverpool's ex-sporting director who was named as FSG's CEO of football two years prior.
