Fenway Sports Group has confirmed that a consortium of investors led by British-Indian businessman Amit Bhatia has approached it about taking a significant minority stake in Liverpool.
FSG in talks to sell minority stake in Liverpool (Image: Getty Images)
Liverpool’s owners have confirmed that a consortium of investors led by British-Indian businessman Amit Bhatia has approached them about investing in the club. The group is believed to be backed by the Mittal family, whose assets were recently estimated by Forbes magazine at more than £26bn.
According to people familiar with the situation, no agreement has been reached at this time and talks are still in the preliminary stages. It was confirmed on Tuesday that Mr Bhatia had resigned from his role as part-owner of Queens Park Rangers, with London Rangers announcing his resignation on their official website.
Fenway Sports Group has confirmed that active negotiations are underway for Bhatia, the son-in-law of Lakshmi Mittal, who heads ArcelorMittal, the world’s largest steel and mining company, and Fenway Sports Group for what it described as a “significant minority stake.”
Our sister title Liverpool Echo understands that the discussions are being compared to a deal worth between £82m and £164m signed with Dynasty Equity in 2023. A statement from FSG provided to the ECHO said: “An investment consortium led, managed and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club.”
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Mr Bhatia has so far refused to comment on the development, but on Tuesday he made public his decision to resign from QPR, where he joined the Loftus Road club almost 20 years ago. Bhatia said: “QPR has been such an important part of my life and my family’s life since I joined the club in 2007. Over nearly 20 years we have seen promotion, relegation, unforgettable highs and painful lows. The memories we made with our supporters at Loftus Road will stay with us forever.”
Amit Bhatia could soon take a stake in Liverpool (Image: Andrew Fosker/REX/Shutterstock)
“Being part of QPR has shaped me in many ways. It has taught me the importance of resilience, responsibility and stewardship. I am particularly proud of QPR’s work in the Community Trust, which reflects the best of the club and the extraordinary role it plays in the local community.”
“It is with pride, gratitude and love that I step back from formal responsibilities. I would like to thank the players, managers, staff, community trust, fellow executives and most importantly the fans who have made me and my family feel part of the QPR family over the years.”
“I am grateful to my dear friend Ruben and his family for their friendship and partnership, and also to Richard, Lee, Christian and everyone who continues to work for the club. QPR will always have a special place in my heart.”
FSG acquired Liverpool in October 2010 for £300m. More than 15 years later, the 20-time Premier League champions are valued at £5.2 billion by the prestigious American financial magazine Forbes.
Earlier this year, the club recorded revenue of over £700m for the first time in its history.
In 2024, Fenway began exploring the possibility of establishing a multi-club ownership model, but those plans have since been put on ice. The move ultimately led to the resignation of former Liverpool sporting director Michael Edwards, who was appointed FSG’s CEO of football two years ago.
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