When Fenway Sports Group sold approximately 38% to 40% of Liverpool to Jeff Bezos-backed 1892 Holdings, confusion arose over the exact stake size. Initially reported as roughly one-third, the figure shifted closer to 40%, prompting FSG to clarify that the investment falls within the 30% to one-third range, though not disclosing precise ownership details.

FSG emphasized the deal aims to expand Liverpool's global footprint in business, technology, and investment, particularly in India and Asia. The transaction values the club between £5bn and £6bn, a significant rise from the £300m FSG paid in 2010 when the club was near bankruptcy.

While labeled a minority investment, 1892 Holdings holds an option to become majority owners within a year, raising questions about FSG's long-term control. Supporters' union chair Jay McKenna expressed concerns over transparency, seeking clarity on whether a full takeover could occur. Football finance expert Kieran Maguire noted FSG benefits greatly, generating over £1bn while retaining control.