Fenway Sports Group is negotiating to sell a 30% minority stake in Liverpool FC to a consortium led by Amit Bhatia, backed by Lakshmi Mittal, for an estimated £1.35bn, valuing the club at £4.5bn.
Fenway Sports Group, owner of Liverpool FC, is negotiating to sell a significant minority stake in the club to a consortium led by Amit Bhatia and backed by billionaire Lakshmi Mittal, valuing the club at approximately £4.5bn.
A consortium led by Lakshmi N Mittal, Aditya Mittal and Adar Poonawala has acquired the IPL franchise Rajasthan Royals along with sister entities Paarl Royals and Barbados Royals for approximately $1.65 billion. The Mittal family will own 75%, Poonawala 18% and existing investors approximately 7%, with the deal expected to close in Q3 2026 after regulatory approvals from BCCI and CCI.
A consortium led by Lakshmi N. Mittal, Aditya Mittal, and Adar Poonawalla has acquired the IPL franchise Rajasthan Royals along with sister entities Paarl Royals and Barbados Royals for approximately $1.65 billion. The Mittal family will own 75%, Poonawala 18%, and existing investors approximately 7%. The deal requires regulatory approvals from BCCI, CCI, and IPL Governing Council, expected to conclude in Q3 2026.
