Initial reporting suggested 1892 Holdings had acquired around a third of the club, but The Athletic later established the true figure sits closer to 38 per cent. The consortium also holds an option, though not a formal commitment, to buy a controlling stake in Liverpool within the coming year.
FSG confirmed in a statement on Friday that it had entered into a "definitive agreement" to sell a "strategic minority investment" to 1892 Holdings, a group named after Liverpool's founding year. The consortium is fronted by British-Indian businessman Amit Bhatia and also includes Bezos and Facebook co-founder Eduardo Saverin.
Bhatia, son-in-law of Indian billionaire Lakshmi Mittal, will become Liverpool's vice-chairman and join an expanded board pending regulatory approval. He spent 18 years as a director and co-owner of Queens Park Rangers before relinquishing his stake at Loftus Road last month.
The deal is understood to value Liverpool at between £5billion and £6billion, a substantial increase on the roughly £300million FSG paid to acquire the club in 2010. FSG will continue to retain majority ownership and day-to-day operational control regardless of the size of the new investment, with reports suggesting Bhatia's connections could help open commercial doors in Asia while Bezos and Saverin add weight to the club's brand in the United States and South America respectively.
Bezos is not expected to take a seat on Liverpool's board himself, with his interests represented instead through K5 Global. Saverin's wife, Elaine, is set to join Bhatia among the new additions to the boardroom.
The scale of the investment, once its true size became clear, has prompted questions from supporters' group Spirit of Shankly over the due diligence carried out on the new investors and whether the deal forms part of a longer-term plan for FSG to eventually sell the club outright. FSG has not commented on that possibility beyond confirming it will retain control for now.
The investment marks Bezos' first foray into European football ownership, following years of speculation linking him to a number of American sports franchises.
Bhatia, whose AyBe Capital investment vehicle spans technology, media and real estate, is expected to be the more hands-on figure of the group day to day, while Saverin's involvement adds a third high-profile technology billionaire to Liverpool's ownership structure alongside Bezos.