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$4.45 Billion Decision from LeBron James and His Partners Leaves Fans in Utter Disbelief: “We Also Want Oil Money”

Published 11/07/2022, 1:36 PM EST

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The soccer world was greeted with huge news as Liverpool F.C was reportedly put on sale. The six-time champions league winners are owned by the Fenway group. Even basketball legend LeBron James has a stake in the club. And the sudden decision to sell the club has left fans in disbelief.

 Liverpool has been one of the most successful soccer clubs in the history of the world. They have been a historic team in the United Kingdom for decades and they have been highly successful in Europe. All of this prompted LeBron James and his childhood friend and business partner, Maverick Carter, to buy a minority stake in the club in 2011 for $6.5M.

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The club, which has a net worth of a staggering $4.45 billion, has been highly successful in the past few years. In 2019, they won the UEFA Champions League, and they won the English Premier League in 2020. Their team boasts of some of the best players in the world and they have one of the best managers in Jurgen Kloop.

Fans in shock as ownership group decides to sell soccer club Liverpool

Several fans were in shock that Liverpool has been put up for sale. The club has been one of the best in Europe over the past decade and they have been winning trophies on a regular basis. Here are some of the reactions on social media:

LeBron James’ stake has earned him millions of dollars

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Buying a stake in Liverpool FC was one of the first major investments LeBron had ever made. And he has been involved closely with the club. LeBron has visited Anfield several times over the years and he often posts messages on social media supporting them. He even went to support the club in the Champions League final last year against Real Madrid. Even though his team lost, LeBron was there supporting them.

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His investment may have been small at the start, but reports suggest he has earned millions of dollars from it. Liverpool is one of the biggest clubs in the world and they are very popular around the globe among soccer fans. They earn hundreds of millions of dollars in revenue every year and LeBron has profited from that for years.

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The sale of the club is also set to earn him millions. Reports suggest that the club is valued at over $4.45 Billion. And even if LeBron owns a minority stake in that, he is still set for a massive payday.

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Written by:

Vishwesha Kumar

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Vishwesha Kumar is an NBA writer at EssentiallySports. Holder of a Bachelor's degree in mechanical engineering, Vishwesha has been writing content for about 3 years now. He has been following the NBA for nearly 10 years, since first starting off in the year 2012.
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Edited by:

Satagni Sikder