Sport

Liverpool in early-stage talks with Bhatia consortium for minority stake

No agreement has been reached, though reports suggest a potential valuation exceeding $6 billion for the Premier League club.

Author
Adrian Cole
Political Correspondent
Published
Draft
Source: Yahoo Sports · original
Liverpool in talks with Bhatia consortium over minority investment
Fenway Sports Group confirms approach from British-Indian investor’s group

Liverpool Football Club has confirmed it is in discussions with a consortium led by British-Indian investor Amit Bhatia regarding a potential minority stake in the Premier League side. Fenway Sports Group (FSG), the club’s US-based owners, acknowledged the approach but emphasised that the talks are at an early stage and no agreement has been finalised.

An FSG spokesperson stated that the consortium, led, managed, and represented by Bhatia, has expressed interest in making a strategic minority investment. The Financial Times reported that Bhatia has engaged advisers to work on the offer, with the newspaper suggesting the deal could value the 20-time English champions at more than $6 billion. However, specific details regarding the size of the stake and the final valuation remain unconfirmed.

The emergence of Bhatia’s interest coincided with a significant shift in his existing football portfolio. Hours after reports of the Liverpool approach surfaced, the 46-year-old stepped down from his role as a director and co-owner of Queens Park Rangers (QPR). Bhatia, who spent 18 seasons with the west London club, will transfer his ownership interests to majority owner Ruben Gnanalingam.

In a statement regarding his departure from QPR, Bhatia expressed gratitude to the players, staff, and fans, noting he was stepping back with pride and affection after his family had felt part of the QPR community for many years. His departure marks the end of a long association with the Championship side as he pivots his focus toward the potential Liverpool transaction.

Bhatia is the son-in-law of Indian steel billionaire Lakshmi Mittal and brings extensive experience in private equity and real estate to the table. He previously worked as an investment banker on Wall Street and served on the advisory board of the Saudi Arabian government’s cultural affairs unit. His personal history includes a 2004 marriage to Vanisha Mittal, which was recognised by Guinness World Records as the most expensive wedding ever held.

Any potential investment from Bhatia would follow FSG’s 2023 sale of a minority stake to global sports investment firm Dynasty. That transaction, valued between $100 million and $200 million, was part of FSG’s strategy to position the club for future success. FSG originally purchased Liverpool for £300 million ($400 million) in 2010, and the current talks represent the next phase in the club’s ownership structure.

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