Source: Bloomberg
Summary
Bloomberg reports that Jeff Bezos is near a deal to acquire a stake in Liverpool Football Club. The exact terms of the potential investment are not disclosed. Bezos, the founder of Amazon, has been exploring sports ownership opportunities. Liverpool FC is one of the most successful and valuable football clubs in the world. The club’s current owners, Fenway Sports Group, have been seeking investors.
Our Reading
The announcement sounds ambitious.
Bezos is reportedly close to buying a stake in Liverpool FC, because what’s a few hundred million dollars to the world’s richest man? Another billionaire, another sports team, another “strategic investment.” Because owning a football club is just like running a successful e-commerce platform. The deal is still pending, but we’re sure it’ll be a “game-changer” for the club.
Author: Evan Null
