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One must conclude that Liverpool FC is an American private firm that uses skilled international labour to sell what looks like a local product in a global market.
Football is big business. An investor group led by Amit Bhatia that includes Jeff Bezos has acquired a 38% stake in Liverpool FC, valuing it at around $7.5 billion. Even city affiliations can go global as consumer brands. There’s little that’s English about the club today, let alone Liverpudlian.
Late in August, the business group 1892 Holdings acquired a 38% stake in Liverpool Football Club, valuing the franchise at around $7.5 billion. The group is led by British-Indian businessman Amit Bhatia and includes Jeff Bezos of Amazon and Facebook co-founder Eduardo Saverin. Tech bros got another toy.
I became a Liverpool supporter when the English Premier League (EPL) began to become a global thing sometime in the early 2000s for the simple reason that it was the hometown of The Beatles. I have never been to the city. On receiving news of Bezos’s purchase of Liverpool (okay, an exaggeration), I rescinded my support. I am now looking for an EPL club to root for.