James an official FSG partner
This was first reported by the Boston Globe. They say that FSG have expanded their investment with James directly coming into the company to increase its global reach.
James, a four-time NBA champion, is one of the biggest stars on the planet and his presence is only going to have a positive influence from a financial standpoint.
The LA Lakers star has been a part-owner of Liverpool since 2011, and before the news broke out on Tuesday, had a two per cent stake in the club.
James already had a pre-existing relationship with FSG prior to his decision to become an official partner, having co-produced a television show with Tom Werner, Liverpool’s chairman. Werner has the second-largest stake in FSG, behind John Henry.
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James, who is worth $450 million according to Forbes, will be joining FSG alongside RedBird Capital Partners after a $750m investment was triggered, per Globe.
Enrique on James
And Enrique, who enjoyed a five-year spell at Anfield, believes that the confirmation of James as an official club partner is a major coup for the reigning Premier League champions.
The former Newcastle and Villarreal defender even joked on Instagram that James’ increased stakes at Anfield could have a direct correlation in the Reds landing Borussia Dortmund sensation, Erling Haaland, this summer.
Writing on social media, Enrique said: Good morning reds! LeBron James is now officially a partner in FSG. He owns an additional undisclosed amount of FSG shares after previously holding a 2 per cent share since 2011 (Boston Globe).”
“Erling Haaland is on his way.”