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The Economic Times
The Economic Times
National

Amazon's Jeff Bezos once asked Warren Buffett why few copy his strategy. Now he is backing a $7 billion football giant and it reflects the same long-term thinking

Jeff Bezos is making a major move into English football. The Amazon founder is part of a consortium that has acquired a 38% stake in Liverpool Football Club, adding one of the world's most recognizable football teams to his investment portfolio.

Jeff Bezos’ investment in Liverpool Football Club reflects a long-term philosophy he has previously associated with Warren Buffett, the legendary investor whose “get-rich-slowly” approach has influenced Bezos’ thinking about business and investing. Bezos is part of a consortium that has acquired a 38% stake in Liverpool, turning his attention to one of the biggest names in English football and making his first major investment in the sport.

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