Football

NBA Superstar LeBron James Makes More than £20M Investing in Liverpool FC

NBA Superstar LeBron James Makes More than £20M Investing in Liverpool FC

NBA icon LeBron James has proved he’s just as shrewd away from the basketball court this week after it emerged he’d made an astonishing £20 million profit by investing in Liverpool.

The 32-year-old Cleveland Cavaliers star decided to plough £4.8 million into the Anfield club back in 2011, after the arrival of the Reds’ current American owners Fenway Sports Group, giving him a two percent stake.

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After Jurgen Klopp’s men reached the Champions League final last night, LeBron’s two percent is now worth considerably more than what he paid, with the Sun claiming Liverpool are now worth £1.2 billion.

That means two percent is worth around £25 million – meaning LeBron’s profit margin is more than £20 million in less than seven years.

Not too shabby, eh?

With an increase like that, he might be tempted to sell-up, but personally we’d like to see him at Anfield more often, perhaps even in the dugout next to Klopp.

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