Sports
Explained: Who are Liverpool’s potential investors and what does it mean for the club?
Talks are progressing between Liverpool owners Fenway Sports Group (FSG) and a consortium led by Amit Bhatia over a potential significant minority investment in the club.
Bhatia, a former co-owner of Championship side Queens Park Rangers, is joined by Amazon founder Jeff Bezos and co-founder of Facebook Eduardo Saverin as part of the group interested in purchasing a stake in the English Premier League side.
The Athletic reported on July 23 that discussions had begun regarding a deal for a stake in the club.
Who are the potential investors? How wealthy are they? And what would it mean for Liverpool?
Who are Bhatia, Bezos and Saverin?
Bezos, 62, is one of the richest people in the world, best known as being the founder of the largest e-commerce company, Amazon.
Bezos launched Amazon from his own garage in 1994 after he had left his role at New York Investment Bank D.E. Shaw, where he had risen to senior vice-president. It was initially an online merchant of books before growing into the global technology company it has become today. He stepped down as the company’s chief executive officer in 2021. Bezos is also the owner of the Washington Post and founder of space technology company Blue Origin.
Saverin is best known for co-founding social network site Facebook alongside Mark Zuckerberg, whom he met when attending Harvard. Born in Brazil, his family emigrated to the United States in 1993.
The 44-year-old moved to Singapore in 2009, renouncing his citizenship in the U.S. prior to the initial public offering of Facebook. Since then, alongside Raj Ganguly, Saverin launched venture fund B Capital in 2015 and the fund has more than $12billion (£9bn) in assets under management.
Bringing all of these resources together is British-Indian millionaire Bhatia. The 46-year-old is a former investment banker who worked for Morgan Stanley, before becoming an entrepreneur. He is chairman of British construction firm Breedon Group, managing director of AyBe Capital Advisors and a founding partner of property investment firm Summix Capital.
He married Vanisha Mittal Bhatia, the daughter of Indian steel magnate Lakshmi Mittal, in 2004. Lakshmi Mittal once ranked as high as third in Forbes’ global ranking of billionaires, but most recently sat 73rd with an estimated worth of $31.1bn.
Bhatia announced on July 21 that he was stepping down from the Queens Park Rangers board and transferring his shares in the Championship club to majority owner Ruben Gnanalingam.
Why do Liverpool appeal to already ultra-wealthy buyers?
On the face of it, spending big money on a football club, even one in England, might seem silly. Scarcely any clubs pay dividends; most lose a relative fortune, year after year. Liverpool are an outlier in the latter due in large part to FSG’s savvy financial management, but roughly breaking even hardly sets investor pulses racing.
Yet focusing on the microeconomics of individual club finances when trying to understand the thinking of ultra-high-net-worth individuals (UHNWIs) like those now seeking to buy into Liverpool might rather miss the point.
Arjun Nagarkatti, head of private bank, U.S. and Europe international at Deutsche Bank, highlights four unique attributes that are attracting UHNWIs to sports teams.
Sport is, says Nagarkatti, “one of the few asset classes that has a moat against AI (artificial intelligence). For pretty much everything else (UHNWIs) invest in, they are going to have to think about how AI is going to completely disrupt the sector.” AI will have its place in football, particularly in data and analysis, but “in the end, you need people to get onto the field”.
Beyond that, football clubs, and particularly those playing in the high-profile competitions Liverpool compete in, appeal because live sport is one of the only remaining media offerings whereby “people will tune in at a particular time to watch a particular event”. In a world of on-demand television and film, the ability to court so many eyeballs at once is extremely valuable.
So too is a football team’s outlier status in an investment portfolio (and yes, we’re still talking about football clubs here). Nagarkatti highlights how sports teams are “uncorrelated with almost every other asset class you can think of”. If other sectors experience a nosedive, there’s no correlation to the valuation of a sports team — and so no attendant value drop.
Nagarkatti’s fourth and related appealing factor is that the only real correlation seen with sports team valuations is in global growth and wealth: “As we’ve seen wealth grow, you have seen the valuation of these assets grow.” If wider wealth keeps growing, so, says recent history, will the value of sports teams.
A final point, not so widely attributable to sports teams but certainly to a select few, is the scarcity value attached to “blue-chip” teams. As one of the highest-earning and most avidly supported clubs in football, Liverpool fall firmly into that bucket.
Put like that, it is easy to see why even the already wealthy fancy their chances of making money out of an investment like this.
Why is FSG willing to sell a third of Liverpool?
Liverpool owner John W Henry and his wife Linda Pizzuti Henry with the Premier League trophy in 2025 (Michael Regan/Getty Images for The Premier League)
“John Henry (Liverpool’s principal owner) has been very up front about the fact that if there ever was an opportunity for investment that would help the club, then they would seriously consider it,” Liverpool’s chief executive Billy Hogan told The Athletic last month.
It remained consistent with an FSG statement in November 2022 which said “under the right terms and conditions, we would consider new shareholders, if it was in the best interests of Liverpool as a club”.
FSG has shown in recent years it will welcome outside investment either in the parent company or Liverpool. In March 2021, RedBird Capital Partners invested around $735m to acquire an 11.5 per cent stake in FSG, helping stabilise finances after the Covid pandemic.
Over two years later, Dynasty Equity acquired a roughly three per cent stake in the club, based on how much of the money flowed directly into Liverpool’s coffers, for just under $150m. The investment was used to cover costs of the Anfield Road Stand redevelopment and the repurchasing of Melwood training ground, which became the home of the club’s women’s team, as well as repaying a tranche of bank debt.
Even if the potential percentage stake is significantly higher and close to the 30 per cent that has been reported, it would still leave FSG in control, but it would now have more people to potentially carry the burden of continuing to grow the business.
There is the point, too, that every investment has its own lifespan.
Deutsche Bank’s Nagarkatti, while not speaking about the specifics of this deal or on what FSG’s overriding motive in selling a stake might be, highlights that any investor has to choose when is “a good time to monetise their asset”. It is a consideration which spans all asset classes including, given its continually increasing wealth, football.
In this case, FSG has been at Anfield for a decade and a half, overseen significant on-field success and huge value appreciation off it. Selling a large minority stake now will generate a huge return for the group.
Would this bolster them financially going forward?
Since purchasing Liverpool in October 2010, FSG has used a self-sustaining model to run the club. All of the money generated is reinvested. While it has been a point of frustration at times when supporters have felt the owners have failed to capitalise on Liverpool being in a position of strength, it is a model that has worked, with the club returning to the top of the domestic game and competing for the biggest trophies.
Having a consortium full of very wealthy people investing in the club should, in theory, strengthen Liverpool’s financial position further.
It could open up new sponsorship avenues which would further enhance the significant revenues the club is generating season upon season. Last summer they showed a willingness to invest heavily in the playing squad, and under the new squad cost ratio rules that are replacing profit and sustainability rules, it could enhance their power in the transfer market.
As outlined above, the investment by Dynasty conferred direct funding from Liverpool’s shareholders for the first time in almost a decade, with £146.5m of cash flowing in across the 2023-24 and 2024-25 seasons.
Much of that was used to pay for infrastructure works, and it is extremely unlikely that whatever sum a large minority stake brings would be ploughed directly into the club, not least because football’s financial rules have reduced the efficacy of owners pouring big sums in. But the arrival of a well-backed minority partner may see a shift in owner funding for a business model that has, for the most part, been self-sustaining under FSG.
Does it mean a majority sale to this consortium makes sense in the future?
It is understandable that this development raises questions about the long-term future of FSG as Liverpool’s owners.
The club are in a strong financial position, announcing record revenues of over £700m and ranking fifth in the Deloitte Football Money League — the highest-placed Premier League team — so new investment is not a necessity.
It would be slightly odd, though, if this consortium would invest so heavily and in such a large minority stake that they would not want to have some say in how the club is being run.
Liverpool are at something of a crossroads, too. Nobody would have envisaged that would be the case when Arne Slot led them to their 20th league title in 2025, before the club spent close to £450m in the following summer transfer window, their biggest single-season investment in players.
Since then, the club have regressed on the pitch. A new head coach, Andoni Iraola, is in the dugout and some of the key senior figures at the club have or are departing. It was announced in July that Michael Edwards had stepped away from his role as FSG’s CEO of football, while Liverpool’s sporting director Richard Hughes is set to join Saudi club Al Hilal following the end of this transfer window.
Just how wealthy are Bhatia, Bezos and Saverin?
Jeff Bezos founded Amazon from his garage in 1994 (Julien De Rosa/AFP via Getty Images)
According to Forbes’ ‘Real Time Net Worth’, Bezos sits third behind Elon Musk and one of the co-founders of Google, Larry Page. It says the 62-year-old has a net worth of $280.6bn.
At 65th on the list is Bhatia’s father-in-law Lakshmi Mittal — the head of the Mittal family — with a net worth of $33.6bn, while two places below him is Saverin with a net worth of $33bn.
Have any of them been involved in sport before?
Bhatia is leading the consortium and has been the most involved in sport of any of the three, having only ended his near 19-year tenure with Queens Park Rangers last month. Bhatia’s association with the London club began in 2007 as the representative of his father-in-law, after he bought a shareholding alongside co-owners Bernie Ecclestone and Flavio Briatore. He served as vice-chairman until 2018, before becoming chairman, a role he held until 2023.
Bhatia’s brother-in-law Aditya Mittal is now the CEO of the family steel business. He recently invested $1bn in private-equity firm boss Bill Chisholm’s takeover of basketball’s Boston Celtics. Earlier this year the family also ventured into the cricket scene when they purchased 75 per cent of Indian Premier League side Rajasthan Royals for $1.65bn.
For Saverin, this would not be his first attempt to venture into football ownership, as he was part of the consortium that backed former Boston Celtics co-owner Steve Pagliuca’s bid to buy Chelsea in 2022 from Roman Abramovich. The Russian billionaire sold the club after being put under pressure to do so from the UK government following Russia’s invasion of Ukraine.
Bezos has yet to step into the sports investment world either, but he has looked at the possibility of buying NFL franchises, having explored making an offer for the Washington Commanders and the Seattle Seahawks.
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Sports
Solheim Cup 2026: Why Dutchwoman Dewi Weber was ineligible to be potential Team Europe captain’s pick for home edition | Golf News
Dewi Weber would relish the opportunity to be involved in a home Solheim Cup in any capacity after being ineligible to feature for Team Europe in the Netherlands.
Bernardus Golf near Den Bosch hosts the biennial contest from September 11-13, live on Sky Sports, where Anna Nordqvist will captain Team Europe’s bid to regain the trophy after their 2024 loss to Team USA.
Weber threw herself into Solheim Cup consideration at the KPMG Women’s PGA Championship earlier this summer, when a tied-third finish lifted her from outside the world’s top 200 to a career-high world No 82.
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A look back at the defining moments of the KPMG Women’s PGA Championship, where Haeran Ryu won her first major
The Dutchwoman remained ineligible for Team Europe due to her not being a Ladies European Tour member, with the 30-year-old initially unaware of her qualification situation after producing her highest major finish.
“I was aware of it [eligibility] the second I got a text from Anna [Nordqvist, Team Europe’s captain], who was asking, ‘are you an LET team member?’ I said no,” Weber exclusively told Sky Sports at the AIG Women’s Open.
“Then the goal just became, ‘well, then you’ve got to win’ and was the goal since.”
Weber needed to win one of the three remaining qualification events to be offered LET membership, but missed the cut at the Amundi Evian Championship, finished tied-44th at the ISPS Handa Women’s Scottish Open and ended in the same position at the AIG Women’s Open.
“Obviously Evian definitely didn’t go my way,” Weber admitted. “I had a bit of a hard time at the Scottish [ISPS Handa Women’s Scottish Open] with some of the holes.
“I was trying my best out here and everyone knows how hard it is to win, let alone at a freaking major. It’s not like I’m going out there and every shot I’m above going, ‘oh, this has to be good because I have to win because of Solheim’.
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Highlights from the final day of the AIG Women’s Open at Royal Lytham & St Annes, where Shiho Kuwaki snatched play-off victory
“I was just trying to play golf and thinking about Solheim Cup doesn’t really help my case.”
The qualification campaign ended after the AIG Women’s Open, where the top two players on the LET Solheim Cup points list and the next six available players in the Rolex Women’s World Golf Rankings were handed automatic spots.
Three players below Weber in the world rankings were awarded captain’s picks when the team was confirmed the following day, with Julia Lopez Ramirez, Nastasia Nadaud and Mimi Rhodes all handed rookie appearances for Team Europe.
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Ireland’s Leona Maguire, Spain’s Julia Lopez Ramirez, France’s Nastasia Nadaud and England’s Mimi Rhodes have been named as Anna Nordqvist’s Solheim Cup captain’s picks
She was aiming to become just the third player from the Netherlands to play in the Solheim Cup, following on from Christel Boeljon (2011) and Anne van Dam (2019), with Weber “absolutely” open to any involvement in her home event.
“I mean it would have been so special [to have featured],” Weber explained. “It’s the first time the Netherlands is hosting and I really like that golf course. They’ve put so much effort into both the place and the event itself.
“That event is going to be super cool for the Netherlands, for youth golf in the Netherlands and for golf generally in the Netherlands, especially women’s golf. It is going to be an amazing.”
Who will win the Solheim Cup? Watch Team Europe’s bid to regain the trophy exclusively live on Sky Sports, with all three days live from September 11-13 on Sky Sports Golf. Get Sky Sports or stream golf and more with no contract.
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Solheim Cup 2026: Who is playing for Team Europe? Anna Nordqvist’s line-up to face Team USA and how they qualified | Golf News
Team Europe look to regain the Solheim Cup in the Netherlands this September, live on Sky Sports, with Anna Nordqvist’s side to take on Team USA offering a mix of experience and exciting young talent.
Nordqvist will have eight past Solheim Cup players in her team at Bernardus Golf from September 11-13, with four rookies – including world No 5 Lottie Woad – then completing the European line-up.
The qualification campaign ended after the AIG Women’s Open on August 2, where Esther Henseleit’s runner-up finish saw her join Charley Hull in qualifying via the LET Solheim Cup points list.
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Esther Henseleit produced an incredible final-hole birdie to force a play-off at the AIG Women’s Open
Woad, Maja Stark, Linn Grant, Celine Boutier, Carlota Ciganda and Nanna Koerstz Madsen secured their spots as the next six available players via the Rolex Women’s World Golf Rankings, with Nordqvist announcing her four captain’s picks a day later.
Ireland’s Leona Maguire was handed a fourth consecutive Solheim Cup appearance, with Julia López Ramirez, Nastasia Nadaud and Mimi Rhodes all named as debutants to face Angela Stanford’s side.
We take a closer look at the European players chasing home victory over Team USA and how they secured their spots…
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Ireland’s Leona Maguire, Spain’s Julia Lopez Ramirez, France’s Nastasia Nadaud and England’s Mimi Rhodes have been named as Anna Nordqvist’s Solheim Cup captain’s picks for Team Europe
Charley Hull (England) – LET Solheim Cup Points List
Age: 30
Solheim Cup appearances: Seven (2013, 2015, 2017, 2019, 2021, 2023, 2024)
Solheim Cup points: 16.5 points from 27 matches (15 wins, three ties, nine losses)
Hull won twice during the qualification campaign, including the PIF Saudi Ladies International in February, before going on to finish tied-second at the US Women’s Open and tied-sixth at the AIG Women’s Open.
She brings bags of experience and plenty of fire to Nordqvist’s team, with the power-hitter Europe’s top scorer in the 2024 Solheim Cup loss that included a 6&4 thrashing of Nelly Korda.
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Charley Hull dominated Nelly Korda 6&4 to post the first point of the day for Europe in the 2024 Solheim Cup singles
Esther Henseleit (Germany) – LET Solheim Cup Points List
Age: 27
Solheim Cup appearances: One (2024)
Solheim Cup points: 1.5 points from three matches (one win, one tie and one loss)
Henseleit burst into form at the right time, finishing fourth at the ISPS HANDA Women’s Scottish Open before an incredible final-hole birdie at the AIG Women’s Open forced a play-off and lifted her into the second automatic spot on the LET points list.
Her debut at the Solheim Cup came in 2024, where she tied with Andrea Lee during the final-day singles after partnering Hull to one win and one loss in the foursomes over the first two days.
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An incredible moment during the second play-off hole at the AIG Women’s Open saw Esther Henseleit’s ball hit a marshal’s leg and land in a bush
Lottie Woad (England) – Rolex Women’s Golf World Rankings
Age: 22
Solheim Cup appearances: Debut
Woad is already the highest-ranked European in the world rankings after picking up two LPGA Tour titles in her first year as a pro, having followed her ISPS Handa Women’s Scottish Open win last July by winning the Kroger Queen City Championship in May.
She narrowly lost out in a play-off to Miyu Yamashita at the Meijer LPGA Classic and contended again at the AIG Women’s Open, posting a third straight top-10 finish at that major. Can she follow her 2024 Curtis Cup glory by being part of more team success?
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England’s Lottie Woad missed out on her second LPGA Tour victory of the season as Miyu Yamashita snatched a dramatic play-off victory at the Meijer LPGA Classic
Maja Stark (Sweden) – Rolex Women’s Golf World Rankings
Age: 26
Solheim Cup appearances: Two (2023, 2024)
Solheim Cup points: Four points from eight matches (won three, tied two, lost three)
The 2025 US Women’s Open champion returns for her third Solheim Cup and comes into this event off the back of a strong major season, posting top-10 finishes at the US Women’s Open and the Amundi Evian Championship.
Stark enjoyed a great debut in 2023, defeating then US Women’s Open champion Allisen Corpuz in the singles to help Europe retain the Solheim Cup, then played three sessions with Emily Kristine Pedersen during the 2024 loss.
Maja Stark is back for a third consecutive Solheim Cup appearance
Celine Boutier (France) – Rolex Women’s Golf World Rankings
Age: 32
Solheim Cup appearances: Four (2019, 2021, 2023, 2024)
Solheim Cup points: 7.5 points from 14 matches (won seven, tied one, lost six)
The Frenchwoman is one of only two Europeans to have won the LPGA Tour this season, claiming a one-shot win at the Shoprite LPGA Classic in May, then failing to contend in the next three majors before sharing 12th place at the AIG Women’s Open.
Boutier won all four matches alongside Georgia Hall on debut during the 2019 victory and claimed a key point in the 2021 singles, with the former major champion losing all three matches in 2023 but returning two points in the most recent edition.
Can Celine Boutier feature in another winning European team?
Carlota Ciganda – Rolex Women’s Golf World Rankings
Age: 36
Solheim Cup appearances: Seven (2013, 2015, 2017, 2019, 2021, 2023, 2024)
Solheim Cup points: 14 points from 27 matches (won 12, tied four, lost 11)
Ciganda experienced a dramatic drop in form after a strong 2025 and positive start to the season, missing the cut in the last four majors, although she offers plenty of Solheim Cup experience.
The Spaniard has been an ever-present member of the European squad since her 2013 debut, winning all four matches in the 2023 edition – including against Korda in the singles – to help Europe retain the trophy in dramatic fashion.
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Carlota Ciganda produced some scintillating golf on 16 and 17 to beat Nelly Korda in the singles and gain the crucial point needed to retain the 2023 Solheim Cup for Europe
Linn Grant (Sweden) – Rolex Women’s Golf World Rankings
Age: 27
Solheim Cup appearances: Two (2023, 2024)
Solheim Cup record: Three points from nine matches (three wins and six losses)
The Swede has struggled with form and fitness issues during a disappointing LPGA Tour campaign, missing the cut in the first three majors, but she returns for a third consecutive Solheim Cup appearance.
Grant formed an unbeaten fourballs partnership with Ciganda and led Europe out in the singles during the 2023 contest, but she was winless from four matches a year later.
Linn Grant is a two-time winner on the LPGA Tour
Nanna Koerstz Madsen (Denmark) – Rolex Women’s Golf World Rankings
Age: 31
Solheim Cup appearances: One (2021)
Solheim Cup record: 1.5 points from 3 matches (one win, one tied, one loss)
Koerstz Madsen returns after a five-year absence, with the Dane initially looking set to rely on a captain’s pick until Henseleit’s qualification via the LET Solheim Cup points list secured her the final automatic spot from the world rankings.
She claimed a key final-hole fourball win alongside Ciganda during day two of the 2021 contest, helping Europe lead going into the final day, then tied with Austin Ernst in the singles of a historic away victory.
Leona Maguire (Ireland) – Captain’s pick
Age: 31
Solheim Cup appearances: Three (2021, 2023, 2024)
Solheim Cup record: 8.5 points from 12 matches (eight wins, one tied, three losses)
Maguire has had to rely on a captain’s pick after an inconsistent LPGA Tour season, during which a runner-up finish at the Aramco Championship in April and a tied-eighth at the last month’s ISPS Handa Women’s Scottish Open were the limited highlights.
She top-scored as an unbeaten rookie and played a star role in the 2021 win, and then played in every session during the following edition. She was, though, left frustrated by her limited involvement – playing just two sessions – during the 2024 defeat.
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A look back at the best of the action from a thrilling final day at the 2021 Solheim Cup, where Team Europe made it back-to-back victories against Team USA
Julia Lopez Ramirez (Spain) – Captain’s pick
Age: 23
Solheim Cup appearances: Debut
The former amateur world No 1 has made a steady start to her professional career, enjoying a successful rookie season on the LPGA Tour last year and securing her Ladies European Tour status at Q-school later that season.
The big-hitting Spaniard has five top-25 finishes on the LPGA Tour in 2026, including at the ISPS Handa Women’s Scottish Open, and her rookie appearance was confirmed after making the cut at the AIG Women’s Open.
Nastasia Nadaud (France) – Captain’s pick
Age: 21
Solheim Cup appearances: Debut
Naduad won the LET’s season-ending Andalucia Costa Del Sol Open de Espana in November, having already posted two runner-up finishes that campaign, before making a smooth transition onto the LPGA Tour.
Nordqvist described Nadaud as a player “who has been getting better and better”, with the Frenchwoman making the cut in all five majors this season and still in contention to qualify for the LPGA Tour’s CME Group Tour Championship.
Mimi Rhodes (England) – Captain’s pick
Age: 24
Solheim Cup appearances: Debut
Rhodes won the LET’s Rookie of the Year title last season after claiming three victories in a breakout year – the Ford Women’s New South Wales Open, the Joburg Ladies Open and the Dutch Ladies Open.
The Englishwoman has experience of featuring on a winning Curtis Cup team but now gets the chance to represent Team Europe. She was the last pick after a mixed debut season on the LPGA Tour.
Who will win the Solheim Cup? Watch Team Europe’s bid to regain the trophy exclusively live on Sky Sports, with all three days live from September 11-13 on Sky Sports Golf. Get Sky Sports or stream golf and more with no contract.
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The Hundred: Nat Sciver-Brunt helps Trent Rockets Women into final after exciting victory over Southern Brave | Cricket News
England all-rounder Nat Sciver-Brunt timed her introduction to perfection as 32 off 19 balls batting down the order secured Trent Rockets’ progress to the final of The Hundred with a seventh successive victory.
Chasing 118 to win, the league leaders slipped to 10-3 against Southern Brave, the lowest powerplay score in the history of the competition, and even though passing 27 guaranteed their place in the final, the result remained in doubt.
Sciver-Brunt came in at number seven with the score on 66-5 and with 31 deliveries remaining – Ash Gardner having top-scored with 37 – and her experience avoided further drama.
She was run out going for a second which would have clinched victory, but Rockets still won with two balls to spare.
Southern Brave’s 117-5 was built around their top order with Maia Bouchier scoring 38, Lizelle Lee 31 and Laura Woolvaardt adding 24.
They will get a second chance as they had already secured a place in the eliminator on Friday at The Kia Oval. Brave will discover their opponents on Tuesday, who will either be third-placed SunRisers Leeds or fourth-placed Manchester Super Giants who play each other at Emirates Old Trafford in their final group match.
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Georgia Adams was run out in unfortunate fashion after Sarah Glenn fumbled a drive from Nat Sciver-Brunt and deflected the ball on to the stumps
Sciver-Brunt said: “I’m happy to be on the winning side. The wicket was a bit slow, and they bowled pretty well in the first half.”
On batting down the order, she said: “It was a bit tactical and a bit injury management. We have got a lot of people in form and high on confidence. We have balanced our side nicely and building up to Sunday we sort of know what we need to do.”
Watch every match of The Hundred through to the finals on Sunday August 16. Stream contract-free on NOW.
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Solheim Cup 2026: Why Dutchwoman Dewi Weber was ineligible to be potential Team Europe captain’s pick for home edition | Golf News
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Solheim Cup 2026: Who is playing for Team Europe? Anna Nordqvist’s line-up to face Team USA and how they qualified | Golf News
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