Liverpool’s owners FSG have accepted a £540m investment that will see basketball superstar LeBron James become a partner.
The NBA superstar has held shares in Liverpool since 2011 – but will now take on a larger share of ownership.
That’s after his private investment deal with RedBird Capital Partners, worth $750m.
And James and his business partner, Maverick Carter, will now become the first black partners in FSG’s history. News of the investment was announced by the <em>Boston Globe</em>.
It will also mean that James, one of the world’s richest sports stars, will have greater say in the running of Liverpool.
James will also become part-owner of the Boston Red Sox and FSG’s other sporting subsidiaries.
The investment will also hand FSG a timely boost in the transfer market. With Jurgen Klopp’s side struggling to make the top-four this season, new signings look to be needed.