The proposal would bring new investors into the club while leaving FSG as the controlling owner. The group has confirmed that a consortium led, managed and represented by Amit Bhatia has expressed interest in a strategic minority investment.
That distinction matters. Liverpool would not be entering a new ownership era, but FSG could gain additional capital and international commercial reach while retaining decision-making authority.
Bhatia is connected to the Mittal family through marriage and recently left his position as co-owner of Queens Park Rangers, adding weight to the reported link between the consortium and one of India’s wealthiest business families.
FSG bought Liverpool for £300 million in 2010, when the club’s sporting and commercial trajectory was far less powerful. Since then, Liverpool have ended a 30-year wait for the English title, won the Premier League again, and reached 20 national championships.
European success has also strengthened the club’s market position. Liverpool won their sixth European Cup in 2019, while further continental final appearances under Jürgen Klopp reinforced their status as one of football’s leading global brands.
A valuation above US$6 billion reflects that combination of trophies, commercial growth and worldwide demand for Premier League assets.
For FSG, a minority sale could provide funding for squad investment, infrastructure and wider expansion without requiring a complete exit. It may also offer a route into new commercial markets, particularly in India.
The immediate test will be whether negotiations produce a formal agreement and what role the new investors would play. Liverpool’s next ownership chapter may therefore begin with a partnership rather than a takeover.