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.
— LeBron James (@KingJames) March 17, 2021
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 Boston Globe.
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.
— I said what i said (@African_WizKing) March 17, 2021
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.