LeBron James makes sizable profit from Liverpool investment

Can you name every team that's won the Champions League?

Can you name every team that's won the Champions League?

Sources said James' two per cent stake, which he still retains, was given to him in lieu of roughly £4.7m ($6.5m).

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

Liverpool booked their place in the Champions League final by edging past Serie A side Roma 7-6 on aggregate in the semi-final.

The 32-year-old Cleveland Cavaliers star made a decision 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.

The trip to the UEFA Champions League Final nets Liverpool at least $100 million and a win would bring in so much more. A sports investment banker told ESPN, given the team's rise to prominence combined with its history, the team could be sold today conservatively for $1.6 billion.

MGM Resorts International (NYSE:MGM) Sentiment Falls to 0.95, Despite
Funds own 450.52 million shares, down from 458.66 million shares in 2017Q3. 179,220 are owned by Peak6 Invests Ltd Partnership. Ship Finance International Limited (NYSE: SFL ) displayed a change of 0.35% after which it closed the day' session at $14.30.

Police search for shooting suspect in Mill Valley
- Two people were shot at an apartment complex in the 900 block of East Blithedale Avenue in Mill Valley at around 3:20 p.m. When deputies arrived at the scene, they said they found a man and woman with gunshot wounds.

Celtics Fans Trolled Ben Simmons and Donovan Mitchell Loved It
The Australian is the firm favorite to win the Rookie of the Year Award even if, as Celtics fans were only too happy to remind him, he is technically not a rookie.

With the success the club has seen over the past seven years, one sports investment banker told ESPN that the team could be worth $1.6 billion, which means that James' investment has grown almost five times to $32 million.

Maverick Carter, LeBron's business partner, discussed LeBron's investment on Liverpool and working with FSG.

"It has been an honor for us to be in on this deal with Fenway Sports Partners, John Henry and Tom Werner", Carter said.

When your nickname is "the King" and you play a sport that doesn't tend to have nicknames, unlike darts, snooker and wrestling, then you know you're probably pretty good, which might be an understatement when it comes to LeBron James.

Liverpool last won the UEFA Champions League in 2005 and therefore are yet to win a modern Premier League title. The team takes on Cristiano Ronaldo and two-time defending champions Real Madrid on May 26 in Kiev, Ukraine.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.