Lebron James buys stake in Liverpool FC

Posted: April 12, 2011 in English Premier League

7-time NBA All Star Lebron James has taken his first step into becoming a sports mogul by buying a minority share in 7 time FA Cup champions Liverpool.

James who makes an estimated $46 million a year has expressed his desire to become a billionaire and thinks Fenway Sports Group can help him achieve this by securing more marketing, sponsorship and business opportunities across the globe.

In return for a small shareholding in the club,  Fenway Sports Group will become “The Chosen One”‘s exclusive worldwide representative.

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