Bezos-backed consortium buys a third of Liverpool

Liverpool 's owners have agreed to sell around a third of the club to a consortium including billionaire Amazon founder Jeff Bezos.

In a statement, Fenway Sports Group (FSG) confirmed it had entered into a "definitive agreement" for the sale of a "strategic minority investment" to 1892 Holdings.

The group is led by British-Indian millionaire businessman Amit Bhatia and also includes billionaire Facebook co-founder Eduardo Saverin.

Bhatia is set to become Liverpool 's vice-chairman, and will join an expanded board pending regulatory approval.

The son-in-law of Indian billionaire businessman Lakshmi Mittal, he had been a director and co-owner of Queens Park Rangers for 18 years before relinquishing his stake in the club last month.

American businessman Bezos, founder of e-commerce giant Amazon, is the fourth-richest person in the world, with an estimated net worth of $256bn (£192bn). This marks his first foray into sports ownership, although he will not join Liverpool 's board.

However, Bryan Baum, founder of venture capital firm K5 Sports - through which Bezos is investing - will join the Anfield board, alongside Saverin's wife Elaine.

BBC Sport has been told that the transaction will have no impact on the club's approach to the transfer window, and that there is no new or separate transfer budget associated with the investment.