How investors profit from soccer even as Premier League club losses skyrocket

Image for article How investors profit from soccer even as Premier League club losses skyrocket
News Source : Biztoc.com

News Summary

  • Fenway Sports Group sold a minority stake in Liverpool Football Club to a consortium including Jeff Bezos on Friday, in a deal worth over $7 billion.
  • Almost 16 years after the Boston-based group rescued Liverpool from the brink of administration for a cut-pri Fenway Sports group sold a Minority Stake in Liverpool to a Consortium Including Jeff Bezos in a Deal worth over £6.5 billion.
  • The deal was announced at a press conference in New York City on Friday.
  • The consortium includes Amazon founder Jeff Bezos.
Fenway Sports Group sold a minority stake in Liverpool Football Club to a consortium including Jeff Bezos on Friday, in a deal worth over $7 billion.

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