Spirit of Shankly write to Liverpool FC over potential Bezos investment; club has issued a reply
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Liverpool FC supporters group Spirit of Shankly (SoS) has written a letter to the club to seek ‘further information and greater clarity’ on prospective investment in LFC from a consortium involving Jeff Bezos.On Monday, Sky News reporter Mark Kleinman broke the news that the group of potential investors (led by Amit Bhatia and also including Facebook co-founder Eduardo Saverin) is nearing a deal to purchase a stake of approximately one-third in the Merseyside club.SoS writes to Liverpool FC over potential consortium investmentCommunicating via its official website, SoS confirmed that it has written to Liverpool FC with five key questions regarding the potential sale of a stake in the club: When is the ownership expecting to conclude a potential sale? What will the purchasers get in return – board seats, level of involvement in the control of the club on and off the pitch, dividends or other financial returns?
What is the reasoning for FSG considering such a sale? What due diligence is being done on the potential investors/owners?
This is about their plans, reasons for purchase and involvement in sports or business elsewhere The group also requested a meeting with Liverpool FC to discuss the matter, with the club responding to affirm that ‘if anything became more formalised, they would be willing to meet with the Supporters Board’.SoS added: ‘The latest report of a 30% sale and the consortium set up to buy it is significant. Add us as a preferred source on Google to your favourites list for news you can trustSupporters’ concerns are completely validWe welcome the proactivity of SoS in contacting the club with those pertinent questions regarding the potential investment from the Bhatia-led consortium, given the extreme importance of what it could mean for LFC and its supporters.There are legitimate queries to be addressed in terms of whether the investment group is coming on board with a view to ultimately gaining majority control at Anfield and succeeding FSG at the helm, and what their reasons are for wanting to get involved in Liverpool.No shortcuts can afford to be taken on exercising due diligence over the backgrounds of the people involved in the consortium.