A roadmap which would see new investors take over full control of Liverpool from Fenway Sports Group has emerged
Tom Werner, Chairman of Liverpool, Michael Gordon, President of Fenway Sports Group and John Henry, Principle Owner of Liverpool and his wife Linda Pizzuti Henry pose for a photograph with the Premier League trophy, as Liverpool are crowned the Champions of the Premier League for the 2024/25 Season, following the Premier League match between Liverpool FC and Crystal Palace FC at Anfield on May 25, 2025 in Liverpool, England
Fenway Sports Group may soon sell their entire stake in the club(Image: 2025 Getty Images)
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A deadline for Amit Bhatia's consortium to purchase a minority stake in Liverpool will pass next month. Bhatia's group, 1892 holdings, which also includes Facebook co-founder Eduardo Saverin and an investment from Jeff Bezos' K5 Global sports fund, agreed to buy 38 per cent of the Reds from Fenway Sports Group (FSG) earlier this year.
In 2022, FSG made it clear they were open to a full sale of the club in a bid to attract new investors. The Americans have been custodians at Anfield since October 2010, but their statement four years ago made it clear they wanted to bring new parties on board, with two major US banks in Goldman Sachs and Morgan Stanley being appointed to manage the process.
The deadline for Bhatia's consortium to complete the purchase is said to be in December, according to the Daily Mail, which is in accordance with the Independent Football Regulator (IFR). The IFR is required to issue a final suitability determination for prospective new owners or senior executives within 90 days.
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While the deadline is coming round the corner, it's reported Bhatia's team are confident they will beat it, insisting there are no hitches and that the process is just one that takes time.
The Athletic reports that 1892 Holdings has at least two options to increase its stake in the club once the IFR ratifies it as a part-owner. The first option is a structure which would enable the consortium to take control of the club by increasing its claim to 69 per cent.
The possibility of a total 100 per cent buyout of FSG is also a possibility. Bhatia has been a visible presence at Liverpool matches ever since his appointment as vice-chairman of the club.
The senior ownership figure at Queens Park Rangers has even been seen attending away matches on a regular basis. There is also a suggestion Bhatia's group may look to do a more gradual takeover at Anfield, so he and his colleagues have time to learn the ropes at the club, with responsibilities increasing over an incremental process.
Amit Bhatia the new vice chairman of Liverpool during the Premier League 2026/27 match between Liverpool FC and Arsenal FC at Anfield on November 1, 2026 in Liverpool, United Kingdom
Amit Bhatia has been a regular presence at Anfield for several months now(Image: 2026 Robbie Jay Barratt - AMA)
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Their initial investment is understood to be worth £3billion, although it's still subject to approval from the IFR. FSG also have their eye on a new sporting venture.
They are currently stakeholders in baseball heavyweights Boston Red Sox, ice hockey side Pittsburgh Penguins and NASCAR Cup Series team RFK Racing. It was recently claimed they are eyeing a monster £2bn purchase of this year's F1 debutants, Cadillac, which would see them become the majority stakeholders.
The news follows the prediction of former Liverpool chief executive under FSG, Peter Moore, who believes Bhatia's consortium will become the full owner of the club in the near future. Moore said: "When an entity comes in at the valuation they apparently have for 38% of the club, there has been a conversation about what ownership then looks like.
"You don't acquire that percentage for billions of dollars without having a path to full ownership. The Amazon angle is a little silly, because Jeff Bezos has hundreds of multimillion-dollar investments. He has never said a word about Liverpool. I assume he knows he's an investor.
"It's really Amit Bhatia, and as you may have seen, he is married to the daughter of Mittal, which is where the real money is. To his credit, Amit has been at Queens Park Rangers for 16 years. He's a football guy, he loves football.
"A number of friends of mine have met with him over the last few weeks, and he's a real football guy. He is the person to keep a very close eye on as a future owner, and I always put that in inverted commas, of Liverpool Football Club."