minority

The consortium, named ​1892 Holdings, is led by former QPR chairman Amit Bhatia and also includes the Mittal Family Trusts, EE Capital and the K5 Sports ‌fund, where Bezos ​is the lead investor.

A ‌‌consortium which includes Amazon founder Jeff Bezos has reached a ⁠⁠definitive agreement ⁠⁠to buy a minority stake in Liverpool FC, the Premier League club’s owners, Fenway Sports Group has announced.

The consortium, named 1892 Holdings, is led by former Queens Park Rangers chairman Amit Bhatia and also includes the Mittal Family Trusts, EE Capital and the K5 Sports ‌‌fund, where Bezos is the lead investor.

“As we considered this opportunity, it became clear that Amit and the consortium shared our long-term philosophy and appreciation for what makes Liverpool special,” FSG president Mike Gordon said in a statement on Friday.

“Their experience and perspective will complement the strong foundation already in place and we ⁠⁠look forward to working together.”

A source ⁠⁠familiar with the matter told the Reuters news agency that the stake is about one-third. FSG, the US multinational sports company which bought Liverpool in 2010, will maintain the majority ⁠⁠share and operational control of the club.

Bhatia will become ⁠⁠the club’s new vice chairman and join the expanded board, along with Elaine Saverin from EE Capital and Bryan Baum from K5 Sports. Bezos will not have ⁠⁠a seat on the board, according to Reuters.

“To be welcomed as a partner in ⁠⁠a club of this stature is a ⁠⁠huge privilege,” Bhatia said.

“We are making this investment because we believe deeply in Liverpool and its leadership and we look forward to supporting the club’s continued success ‌‌for years to come.”

Liverpool, who have been English champions a joint-record 20 times, finished fifth in the Premier League last season. ‌‌

They ‌‌will start the new campaign at Newcastle United on August 23 with new manager Andoni Iraola.

WASHINGTON — The Pentagon issued an apology Tuesday for remarks made by Gen. Carl E. Mundy Jr., commandant of the Marine Corps, who said in a televised interview that black officers and those of other minority groups do not shoot, swim or read compasses as well as whites.

In a statement to reporters, Navy Capt. Michael Doubleday said that Mundy “regrets any offense that may have been taken by his statements,” which were televised Sunday on the CBS program “60 Minutes” as part of a segment on problems minority officers have receiving promotions.

Mundy’s comments on “60 Minutes” marked the third time this year that the commandant has caused a stir. In mid-August, the general abruptly issued orders that would have barred married persons from enlisting in the Marines. He was forced to rescind them immediately after a protest by the President.

Earlier, Mundy angered the Administration by vigorously opposing Clinton’s plan to lift the ban on homosexuals in the military. And he only grudgingly supported the resulting compromise “don’t ask, don’t tell” policy that allows gays to serve but restricts their behavior.

Asked about the latest incident, Doubleday said that top Pentagon officials had no plans to discipline Mundy for his comments but added that, partly as a result, Navy Secretary John H. Dalton had ordered a complete review of minority promotions in the Navy and Marine Corps.

Dalton “would like to see more minorities in positions of leadership” in the Navy and Marine Corps and wants the study “to examine the process and to determine how we can achieve that objective,” Doubleday said.

A spokesman for California Rep. Ronald V. Dellums (D-Oakland), chairman of the House Armed Services Committee, said it was unclear whether the lawmaker would want to meet with Mundy over the incident. Dellums, who is black, plans hearings later this year on racism in the military.

Mundy’s remarks on “60 Minutes” were contained in a transcript provided by the Pentagon. Asked why some minority officers complain that they are not being promoted rapidly, the general said it “has to do with performance.”

“In the military skills, we find that the minority officers do not shoot as well as the non-minorities . . .,” he said. “They don’t swim as well. And when you give them a compass and send them across the terrain at night . . . they don’t do as well at that sort of thing.

“I’m saying that there are problems that we have got to identify that will show us what it is that causes us to promote at a reduced rate,” the general went on, in a brief segment on the program. “It is not intended that we do that.”

Doubleday said Tuesday that Mundy was referring only to the “objective test scores achieved in certain skills during initial entry-level training” and did not mean to suggest that members of minority groups could not do well in the Corps.

“He (Mundy) would like to see more minorities in positions of leadership,” the Pentagon spokesman added.

And the Marines issued a statement saying that, because only part of the interview with Munday was telecast, “it may have sounded . . . that he was implying minorities have less innate ability . . . to fully develop their military capability through training and education.”

“That was not his intent or belief,” the statement went on.

“As an institution, the Marine Corps is totally committed for equal opportunity for all individuals to compete and advance through the ranks, and is aggressively pursuing initiatives to gain balance in our senior officer representation.”

White House officials said Tuesday that they had not been aware of Mundy’s comments but were looking into the matter.

Pentagon figures show that in fiscal 1991, there were 34,200 black enlisted men and women in the Marine Corps–19.7% of the total–and 980 black officers, or 5.1% of the service’s officer corps. Figures for Latinos and other minority groups were not immediately available.

The consortium is led by British-Indian investor Amit Bhatia, the son-in-law of Indian steel billionaire Lakshmi Mittal.

Liverpool are in talks with British-Indian investor Amit Bhatia over a potential deal for a minority stake in the Premier League football club.

Fenway Sports Group (FSG), Liverpool’s United States-based owner, confirmed the approach from Bhatia’s group on Tuesday.

“An investment consortium led, managed, and represented by Amit Bhatia has expressed interest in making a strategic minority investment in Liverpool Football Club,” an FSG spokesperson told the AFP news agency.

Bhatia, the son-in-law of Indian steel billionaire Lakshmi Mittal, is heading a consortium interested in buying into the 20-time English champions.

The Financial Times reported that Bhatia has hired advisers to work on the offer, which the newspaper said could value Liverpool at more than $6bn.

Just hours after Bhatia’s interest in Liverpool emerged, the London-born 46-year-old stepped down from his role as a director and co-owner of English Championship side Queens Park Rangers (QPR).

Bhatia, who spent 18 seasons with the west Londoners, will transfer his ownership of the club to majority owner Ruben Gnanalingam.

“I step back from my formal responsibilities with pride, gratitude and affection. I want to thank the players, managers, staff, the community trust, my fellow board members and, above all, the fans, who have made me and my family feel part of the QPR family for so many years,” Bhatia said.

Bhatia’s discussions with FSG – who bought Liverpool for 300 million British pounds ($400m) in 2010 – are believed to be at an early stage, with no deal struck yet.

Any investment from Bhatia would be made to further position Liverpool for success, following FSG’s move in 2023 to sell a minority stake in the club to global sports investment firm Dynasty.

Reports at the time valued that transaction between $100m and $200m.