On Friday, Liverpool FC, one of the English Premier League’s "Big Six," announced that Fenway Sports Group had sold a minority stake in the club to 1892 Holdings.
The group includes K5 Sports, a fund led by Amazon.com, Inc.
(NASDAQ:AMZN) founder Jeff Bezos.
Billionaire Consortium Backs Premier League Champions 1892 Holdings, led by Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal, bought roughly one-third of Liverpool.
The deal valued the club at just over $7 billion, Business Insider reported Friday, citing a source familiar with the transaction.
