NBA superstar LeBron James has increased his ownership stake in English Premiership club Liverpool via a deal confirmed on Wednesday that makes him a partner in Fenway Sports Group.
FSG announced that James and longtime business associates Maverick Carter and Paul Wachter had become partners in the Boston-based global sports, entertainment and real estate platform, along with RedBird Capital.
James, 36, previously held a 2% stake in Liverpool, but now will have a bigger share in the Premier League team as well as a stake in Major League Baseball’s Boston Red Sox, a sports management firm, a regional sports cable network and Roush Fenway Racing of the popular NASCAR stock car ra…
Keep on reading: LeBron James joins Liverpool ownership group