Amazon (AMZN) founder Jeff Bezos, along with a group of investors, is setting his sights on buying a minority stake in Liverpool Football Club from Fenway Sports Group, The Wall Street Journal reported Tuesday, citing people familiar with the matter.
The deal would value the English football club at around $8 billion, with provisions that would give investors the option to buy the rest of the team in future transactions, the sources reportedly said.
Bezos is expected to invest in the deal, which could be announced as early as Wednesday, through venture capital firm K5 Global, the report said.
Amazon and Fenway Sports Group did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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