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."

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.

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).

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.