LeBron's Liverpool Investment Now Worth $32 Million

LeBron's Liverpool Investment Now Worth $32 Million

But ESPN report that after Liverpool sealed their qualification for the Champions League final, James' investment is now worth $32m (£25m).

In 2011 James bought two percent of English soccer club Liverpool, which just advanced to the UEFA Champions League Final after beating AS Roma in a 7-6 aggregate.

Three-time National Basketball Association champion LeBron James has reportedly made a sizable profit from his $6.5 million (€5.43m) investment in Liverpool FC in April 2011.

Last year, Forbes ranked Liverpool as the eighth most valuable football club in the world at $1.49bn. A trip now to the UEFA Champions League will guarantee an award of more than $100 million to Liverpool. In 2014, he made more than $30 million when Beats by Dre sold to Apple.

And now, according to reporting from ESPN's Darren Rovell, that stake has grown tremendously in value, from $6.5 million to approximately $32 million.

One sports investment banker told ESPN that given the team's rise to prominence combined with its history, which includes the second-most titles in English soccer (18), the team could be sold today conservatively for $1.6 billion.

James paid ($6.5million) £4.8m for the stake seven years ago when his marketing firm LRMR signed a partnership with Fenway Sports Partners, who are run by Liverpool chiefs Tom Werner and John Henry.

With that math, James' stake would have grown almost five times more to be $32 million now, according to Rovell.

LeBron James once again shows that he is not only smart on the court but off the court as well. "LeBron likes the fact that he's diversified in another global sport".

The report claims Liverpool could now be sold for £1.2billion with the Champions League final berth earning the Reds an extra £735m.



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