FSG Confirms Liverpool Sale Talks with Consortium Led by British-Indian Businessman Amit Bhatia

Liverpool Football Club’s owners, FSG, have officially confirmed that a consortium of investors has approached the club with interest in acquiring a significant minority stake. The group is led by British-Indian businessman Amit Bhatia, whose family has deep ties to the global steel and mining industry through the Mittal fortune, recently estimated at more than £26 billion by Forbes. No deal has been reached, and the discussions remain in their early, exploratory stages.

Bhatia stepped down from his role as co-owner of Queens Park Rangers earlier this week, a move that allowed the London club to release an official statement expressing gratitude for his contributions. FSG emphasised that active negotiations are underway over what has been described as a “strategic minority investment.” The ECHO understands the proposed stake would mirror the structure of the 2023 deal with Dynasty Equity, valued between £82 million and £164 million at the time.

In a statement released to the Liverpool ECHO, FSG said: “An investment consortium led, managed and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club.” Bhatia, son-in-law of Lakshmi Mittal, has so far declined to comment on the developments but has been open about his long-standing connection to QPR.

He wrote in a personal statement on Tuesday: “Since joining the club in 2007, QPR has been a deeply important part of my life, and of my family’s life. Over nearly two decades we have shared promotions, relegations, unforgettable highs and painful lows, and the memories we have made at Loftus Road alongside the supporters will stay with us forever.”

Bhatia continued: “Being part of QPR has shaped me in many ways. It has taught me about resilience, responsibility and the importance of stewardship. I am especially proud of the work of QPR in the Community Trust, which reflects the best of the club and the extraordinary role it plays in the local community. I step back from my formal responsibilities with pride, gratitude and affection. I want to thank the players, managers, staff, the Community Trust, my fellow board members and, above all, the fans, who have made me and my family feel part of the QPR family for so many years.”

He also extended thanks to his friends and colleagues at QPR, including Ruben and the broader board. The statement closed with a clear message: “QPR will always have a very special place in my heart.”

FSG acquired Liverpool for £300 million in October 2010, a deal that has since become one of the most successful investments in football. More than 15 years later, the club — 20-time Premier League champions — was valued at £5.2 billion by Forbes in its latest global ranking. Earlier this year, Liverpool recorded revenues exceeding £700 million for the first time in club history, reflecting the financial strength built under FSG ownership.

The proposed minority stake by the Bhatia-Mittal consortium would not involve a full sale, but would bring fresh capital and potential expertise to the business side of the club. The Mittal family’s immense wealth in the steel and mining sectors adds credibility to the financial backing, making this a serious contender among other groups monitoring Liverpool.

The timing of the approach coincides with a period of transition for Liverpool. Arne Slot’s team is in the early stages of a new campaign, with the club aiming to build on its strong start to the previous season. A minority investor could provide additional resources for squad development, commercial growth and infrastructure without taking full control.

Bhatia’s exit from QPR is seen as a strategic move that allows him to focus on opportunities in football ownership. His background in business and his connection to the QPR community have made him a respected figure in the game. The fact that he has chosen Liverpool as his next step reflects both ambition and a clear understanding of the club’s global brand and potential.

Discussions between FSG and the consortium are still in preliminary stages, meaning no firm terms or timeline have been set. However, the interest from a family with such financial muscle and global reach has added intrigue to the football transfer and investment landscape. Liverpool’s commercial success and on-pitch competitiveness make it an attractive proposition for any serious investor.

As the summer transfer window and pre-season preparations continue, the possibility of a minority investment could have implications for squad planning. A new owner with deep pockets might accelerate commercial deals, stadium upgrades or long-term squad investment, while FSG retains its current majority ownership structure.

The Mittal family’s involvement brings an international dimension to the club’s ownership, potentially opening doors to new markets in Asia and beyond. Their experience in large-scale business could complement Liverpool’s existing strengths in hospitality, retail and digital revenue streams.

Liverpool fans have been both excited and cautious about any potential changes to ownership. While a minority stake would not remove FSG’s control, it would represent a significant development that could influence the club’s future direction. The preliminary nature of the talks means any outcome remains uncertain.

For now, the focus remains on Liverpool’s sporting performance. The team is preparing for the new campaign under Slot, with hopes of continuing the strong form that saw them compete at the highest level last season. Any investment discussions will need to be balanced against the immediate demands of the football club itself.

The Bhatia-Mittal consortium’s interest comes at a time when football clubs are increasingly open to private investment. The Premier League’s financial model has allowed clubs to explore minority stakes as a way to grow without full ownership change. Liverpool’s scale, history and global fanbase make it a natural candidate for such deals.

As discussions progress, Liverpool supporters will watch closely to see how any potential investment might benefit the club. Whether it brings new commercial opportunities, improved facilities or continued sporting success remains to be seen. For now, the preliminary talks offer hope for the future while the team focuses on what it does best — playing football.

The story of Liverpool’s ownership continues to evolve, and the potential involvement of the Mittal family adds another layer of complexity. Whether this leads to a formal agreement or remains exploratory will be closely followed by fans, analysts and the wider football world. In the meantime, the club’s focus remains on delivering on the pitch and building on its strong recent momentum.