News

Liverpool and LeBron release clothing partnership, James' value stake at LFC

LeBron James has a stake of Liverpool FC since 2011 and now has a clothing partnership with the club.

LeBron James and Liverpool partner up to release these special basketball and football jerseys.

Liverpool FC is one of the biggest clubs in the world. The recognition it has across the football world is unlike many clubs. Liverpool is also one of the most successful clubs in Europe and in England. The club's prestigious is so high that it attracted one of the greatest NBA players of all time. LeBron James is arguably the greatest basketball player of all time in NBA history, and he started to involve himself in football when he owned a stake in Liverpool FC in 2011.

Related News: Liverpool trembles as Bayern is willing to pay this big fee for Xabi Alonso

In 2011, James purchased a 2% ownership stake in Liverpool FC while he was playing for the Miami Heat. Since then, the NBA star has been closely following Liverpool and has become a fan of the football club. The investment in Liverpool reportedly cost him around $6.5 million. Forbes reported that Liverpool is worth $4.45 billion and is the fourth most valuable football club in the world. Real Madrid tops that list with a valuation of $5.1 billion. FC Barcelona is the second most valuable at $5 billion, and Manchester United is the third most valuable football club at $4.6 billion.

In 2021, James converted his ownership stake in Liverpool to a 1% stake in the Fenway Sports Group [FSG], the owners of Liverpool FC. James' stake is worth around $82 million since Liverpool's valuation was around $4.1 billion two years ago. James signed a lifetime marketing deal with FSG, which includes a higher ownership stake, according to Sportskeeda.

Related News: NBA coach is influenced by Pep Guardiola's way of coaching in Manchester City

What other sports team does FSG own apart from Liverpool FC?

Apart from Liverpool FC, FSG owns other sports teams that are not related to football. They own the Boston Red Sox from the MLB. They also own the Pittsburgh Penguins from the NHL and NASCAR's RFK Racing.

More News