Basketball superstar Lebron James has become a minor partner of Fenway Sports Group.
The American company owns Liverpool Football Club.
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James has been a part-owner of the Reds since 2011 and has a 2% stake in the club, which he bought for £4.7m.
In big news for Liverpool fans, FSG have reportedly secured a $750m private investment deal with RedBird Capital Partners.
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It is claimed FSG will use the money to buy other sports franchises as well as strengthen Liverpool and their baseball franchise, the Boston Red Sox.