The investment value is expected to further increase as the Anfield side have only just won the Premier League title, the nineteenth in their 128-year history. LeBron likes the fact that he's diversified in another global sport.". LeBron James' involvement with Liverpool began in 2011 and it grew out of his dealings with Fenway Sports Group (FSG). In international competitions, the club has won six European Cups, more than any other English club, three. investment has grown to about $44 million, or by 670 percent. "It has been a thrill to watch such a storied club make their way back to the top again and to be a part of it all. The Liverpool owners at the time, Tom Hicks and George Gillett, were looking to get $954 million for the highly levered club. LeBron James' investment in Liverpool F.C. Sources said James' 2 percent stake, which he still retains, was given to him in lieu of roughly $6.5 million. Liverpool, which has yet to win a modern Premier League title, won the UEFA Champions League in 2005. As of 2019, the valuation of the club stood at $2.13 billion, meaning that James’s investment has grown to about $44 million, or by 670 percent. I've read almost every novel written by Chinua Achebe, Jeffrey Archer and Dan Brown. That means James' investment has grown nearly five times ($6.5 million to $32 million) in seven years. Get Latest News Delivered to your Box ASAP, Ansu Fati, Ferran, Torres Lead Spain Squad Full Of Fresh Faces. Show full articles without "Continue Reading" button for {0} hours. Buhari’s achievements can’t be denied, only hated – By Femi Adesina, Woman, 2 Children Commit Suicide After Husband’s Demise, Guardiola Charges Aguero To Earn New Contract At Manchester City, Ghanaian International Jordan Ayew Tests Positive To Coronavirus, Liverpool’s Defender Virgil van Dijk To Undergo Knee Surgery, Wayne Rooney ‘Angry And Disappointed’ As He Awaits COVID-19 Test Result. Matthew Kirwin, Sports Africa Network for ESPN, Investor LeBron scores big off Liverpool's CL run, The people with all the power in NBA free agency, Morey in farewell ad: 'Harden changed my life', Famed Minnesota columnist Hartman dies at 100, Saints, Pels owner Benson victim of car thieves, Sources: Lue agrees to 5-year deal to coach Clips, Sources: NBA, union extend negotiations on CBA, Likely NBA top pick LaMelo Ball signs with Puma, NBA Power Rankings, way-too-early edition: What's next for Lakers, Heat and all 30 teams, Everything you need to know about the NBA GOAT debate, From Olajuwon to Embiid: How Africa's relationship with American hoops has evolved, Lowe: How Daryl Morey challenged NBA norms and almost won it all. With $37 million in annual wages, the 35-year-old can relax and enjoy the good life, but he is deftly investing these earnings to produce a highly-diversified income portfolio. In 2011 while with the Miami Heat, James invested $6.5 million for a 2-percent stake in English Premier League side Liverpool. Liverpool won its Premier League title on Thursday, thanks to an upset victory by Chelsea over Manchester City, ensuring no other club could catch Liverpool in points this season. Liverpool has also benefited from a broader rise in the value of the English Premier League, which signed a massive TV deal in 2015. The club will compete in their second straight Champions League Final on June 1, a virtually unimaginable feat for … One sports investment banker told ESPN that given the team's rise to prominence, combined with its history, which includes the second-most titles in English soccer (18), the team could be sold today conservatively for $1.6 billion. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. in 2011. "It has been an honor for us to be in on this deal with Fenway Sports Partners' John Henry and Tom Werner," Carter said. James' business partner Maverick Carter told ESPN in 2018: "It has been a thrill to watch such a storied club make their way back to the top again and to be a part of it all. As of May 2019, Forbes estimated Liverpool's value to be $2.13 billion, meaning James' stake would now be worth roughly $43.6 million. LeBron James' investment in Liverpool is worth nearly five times as much as when he received the 2 percent stake seven years ago. LeBron likes the fact that he's diversified in another global sport.". As of 2019, the valuation of the club stood at $2.13 billion, meaning that James’s investment has grown to about $44 million, or by 670 percent. Another one of LeBron James' investments is turning into gold, as Liverpool advanced to the UEFA Champions League final for the first time in 11 years by beating AS Roma on Wednesday by an aggregate score of 7-6. The team takes on Cristiano Ronaldo and two-time defending champions Real Madrid on May 26 in Kiev, Ukraine. By … Connect with friends faster than ever with the new Facebook app. Liverpool is majority-owned by Fenway Sports Group, an American sports company that also owns Major League Baseball team, Boston Red Sox. Liverpool's rise in value coincides with a return to prominence on the pitch for the club. won the Premier League on Thursday. James, who celebrated the victory on Twitter, received a 2% stake in Liverpool in 2011. I'm a University of Lagos-trained journalist, but I consider myself more of a content writer these days. But the trip to the UEFA Champions League final will guarantee an award of more than $100 million to Liverpool. I'm an expert Scrabble and draughts player who is also excellent at swimming. Fenway Sports Partners is owned by Boston Red Sox owner John Henry and chairman Tom Werner, who bought Liverpool for a bargain $477 million in October 2010. In 2014, he made more than $30 million when Beats by Dre sold to Apple. But as Liverpool franchise worked its way up to becoming one of the best teams in the European League, LeBron’s stake skyrocketed in value. LeBron James Investment In Liverpool Reportedly Grows By 670%. In 2011, LeBron James made a $6.5 million investment in Liverpool FC of the English Premier League, a chunk of change that earned him a two percent stake in the club. Brandon Wiggins contributed to this report. Read Also: Ansu Fati, Ferran, Torres Lead Spain Squad Full Of Fresh Faces. seven FA Cups, a record eight League Cups and 15 FA Community Shields. LeBron James' $6.5 million investment in Liverpool FC is paying off big time. continues to pay off. FAQ: When and how will the 2020-21 NBA season begin? Learn how your comment data is processed. The value may be higher after securing its first Premier League title. In international competitions, the club has won six European Cups, more than any other English club, three UEFA Cups, four UEFA Super Cups (also English records) and one FIFA Club World Cup. James' business partner Maverick Carter would not confirm James' valuations on any of the basketball star's businesses but was willing to address the Liverpool investment. In addition to their 19 league titles, domestically the club has seven FA Cups, a record eight League Cups and 15 FA Community Shields. UEFA Cups, four UEFA Super Cups (also English records) and one FIFA Club World Cup. Try me! I know the capital cities of no fewer than 45 African countries by heart. Liverpool is arguably the most successful football club in England. In 2011 while with the Miami Heat, James invested $6.5 million for a 2-percent stake in English Premier League side Liverpool. Visit Business Insider's homepage for more stories, Amazon will rename a Seattle sports stadium 'Climate Pledge Arena' after buying the naming rights, The Knicks are a hiring a mysterious NBA power broker who was once described as 'the most powerful man in sports', A 15-year-old midfielder dubbed the 'Mexican Messi' has become the youngest player to ever play in Spain's La Liga, NBA POWER RANKINGS: Where the 22 teams heading into the Disney World bubble stand when the season resumes. How Luka compares to LeBron, Magic and Bird, Nets' throwback uniforms pay homage to a '90s New Jersey classic, These Lakers made it through every moment that could have broken them, The scenes of a Lakers title celebration like no other, ESPN.com's sports business reporter since 2012; previously at ESPN from 2000-06, Appears on SportsCenter, ESPN Radio, ESPN.com and with ABC News. Liverpool F.C. Last June, Forbes said Liverpool was the eighth-most-valuable soccer team in the world at a value of $1.49 billion. Sources said James received a 2 percent stake in Liverpool in April 2011, when his marketing firm, LRMR, agreed to a joint venture with Fenway Sports Partners. LeBron James received an ownership stake in Liverpool F.C. Sources said James received a 2 percent stake in Liverpool in April 2011, when his marketing firm, LRMR, agreed to a joint venture with Fenway Sports Partners. A $1 million investment James and his team put into fast-casual pizza chain Blaze Pizza has turned into at least $25 million on paper and more likely closer to $45 million, according to sources with knowledge of his deal.

Fenway Sports Group Share Price, Ufc 252 Card, Barcelona Kit 2010/11, Washington Vs Georgia Tech Softball, David Vine Author, Here He Comes Lyrics, Nawazuddin Siddiqui Movies List, Dream A Little Dream Of Me Ukulele Fingerstyle Tab, Sonic The Hedgehog Movie Wiki, Sofia The First Games,

Read Other Blog Posts