Consortium led by ex-QPR owner seeking minority stake in Liverpool

A consortium led by former QPR co-owner Amit Bhatia is in talks to acquire a minority stake in Liverpool.

The investment group - led by Bhatia and backed by the Mittal family - have hired advisors to work on a potential deal with current Liverpool owners Fenway Sports Group (FSG).

Bhatia was QPR's co-owner until July 21, when he transferred his share of the club to Ruben Gnanalingam.

An FSG spokesperson confirmed the talks to Sky Sports News, adding: "An investment consortium led, managed, and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club."

Sky Sports News understands that any investment from Bhatia would be similar to a deal struck with Dynasty Equity in 2023.

FSG sold a small stake in the club to the US private equity firm for £164m, with the money raised to pay down debt and help finance capital expenditure.

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US private equity firm Dynasty Equity spent up to $200m (£149m) buying a stake and is a passive investor.

The investment was not used to fund future transfers. Liverpool's latest accounts to June 2022 showed a net debt of £71m.

Liverpool are owned by FSG, a US-based company controlled by John Henry. The group bought the club for £300m in 2010. FSG also owns the Boston Red Sox.

The Mittal family purchased a majority stake in IPL franchise Rajasthan Royals in May 2026.

According to the Financial Times, a deal with the consortium led by Bhatia would value Liverpool at more than $6bn (£4.5bn).

Who is Amit Bhatia?

Bhatia worked at Morgan Stanley as an investment banker for several years before becoming an entrepreneur. He has investments in construction, real estate and private equity.

Bhatia was a director and co-owner of QPR, where a stand at Loftus Road now bears his name. During his time at the club, he helped oversee a period of significant progress, with QPR earning promotion from the Championship to the Premier League in the 2010/11 season.

They spent the next four seasons between the Premier League and Championship, and were last relegated in 2014/15. The closest they have come to promotion was a ninth-place finish in the 2020/21 season.

The 46-year-old married Vanisha Mittal Bhatia in 2004. Vanisha is the daughter of Indian steel magnate Lakshmi Mittal, whose net worth is estimated to be more than £22bn.