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  • 11 minutes ago
Finance expert Kieran Maguire explains how Jeff Bezos buying minority stake in Liverpool will affect the club.

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Sports
Transcript
00:00If Fenway Sports Group are going to sell the shares to the Bezos and the Batia consortium,
00:07there'll be no impact upon Liverpool at all,
00:10in the sense that it would simply be money going from Batia and Bezos to Fenway Sports Group.
00:16If Liverpool FC issue more shares, then they will receive cash.
00:21That cash can be used for infrastructure, that can be used for the transfer budget and so on.
00:27So I wouldn't read too much into it and I'd also be cautious.
00:32Jeff Bezos has not shown any interest in sport historically.
00:37He has an awful lot of projects which do excite him.
00:41So I think his name, whilst it's being mentioned, it could be that a relative of his would get involved
00:48instead of Jeff himself.
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