- Liverpool F.C. won the Premier League on Thursday.
- In 2011, LeBron James received a 2% stake in the historic club.
- Liverpool, like many Premier League clubs, has grown in value, and James’ initial investment has grown over six times the original value.
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LeBron James’ investment in Liverpool F.C. continues to pay off.
Liverpool won its Premier League title on Thursday, thanks to an upset victory by Chelsea over Manchester City, ensuring no other club could catch Liverpool in points this season.
James, who celebrated the victory on Twitter, received a 2% stake in Liverpool in 2011. Darren Rovell reported for ESPN in 2018 that James’ stake was initially worth about $US6.5 million. Now, that value has grown tremendously.
As of May 2019, Forbes estimated Liverpool’s value to be $US2.13 billion, meaning James’ stake would now be worth roughly $US43.6 million. The value may be higher after securing its first Premier League title.
James’ business partner Maverick Carter told ESPN in 2018: “It has been a thrill to watch such a storied club make their way back to the top again and to be a part of it all. LeBron likes the fact that he’s diversified in another global sport.”
Liverpool’s rise in value coincides with a return to prominence on the pitch for the club. Liverpool has also benefited from a broader rise in the value of the English Premier League, which signed a massive TV deal in 2015.
Brandon Wiggins contributed to this report.
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