Liverpool’s owners, Fenway Sports Group (FSG), have completed the sale of a 30 percent stake in the Premier League champions to a consortium featuring Amazon founder Jeff Bezos, Facebook co-founder Eduardo Saverin and British-Indian businessman Amit Bhatia.

The deal, reportedly worth about £1.65 billion, values Liverpool at approximately £5.5 billion and represents one of the biggest minority investments in English football.

FSG confirmed it had reached a “definitive agreement” with 1892 Holdings for the strategic minority investment.

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Bhatia, who led negotiations with FSG, will become Liverpool’s vice-chairman and join an expanded board, subject to regulatory approval.