Monday briefing: FSG agree €1.93 billion sale of 30 per cent Liverpool stake

Fenway Sports Group (FSG) have agreed to sell about 30 per cent of Liverpool FC to a consortium led by British-Indian businessman Amit Bhatia in a transaction worth around €1.93 billion, according to The Times.

The deal values Liverpool at approximately €6.4 billion and will see Bhatia become vice-chairman. Elaine Saverin, whose family office is investing alongside her husband, Facebook co-founder Eduardo Saverin, and Bryan Baum of K5 Sports will also join the club’s expanded board.