$384bn Bezos has two options to take full ownership of Liverpool from FSG

1892 Holdings, backed by Jeff Bezos' K5 Global fund, can increase its 38% stake to 69% or full ownership within 12 months pending regulatory approval.

Jeff Bezos' K5 Global sports investment fund is the largest backer of 1892 Holdings, which acquired a 38 per cent stake in Liverpool from Fenway Sports Group in August. The Athletic reports that 1892 Holdings, led by former QPR owner Amit Bhatia, can increase its shareholding once ratified by the Independent Football Regulator, potentially reaching around 69 per cent or even 100 per cent ownership as part of the existing agreement.

The group could secure full control of Liverpool within 12 months. FSG, which bought the club for £300m in 2010 and restored it to prominence—winning the Champions League and two Premier League titles—is expected to cede full control, with a complete exit likely in due course. Bhatia said the opportunity to be involved with Liverpool was "the stuff of dreams" and "the greatest honour."

1892 Holdings' initial investment is valued at more than £2billion.