LeBron James to cash in on Liverpool World Cup star's success

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Football News

LeBron James is undoubtedly one of the most recognizable faces in the world of sport across the globe thanks to his basketball success.

However, the Miami Heat star is far from just an NBA player, with James holding numerous business interests and parternships ranging from shoe endoresement to soccer club investments.

The latter of which could be about to increase his bank balance that little bit further according to Forbes journalist Mike Ozanian.

LeBron is a minority investor in Liverpool Football Club through his links to owner John Henry and his Fenway Sports Group.

Since this move, Liverpool themselves have undergone somewhat of a resurgence on the field - narrowly finishing second in the English Premier League this season, and supply five players to the England squad (and 12 overall) ahead of this summers Brazil World Cup.

Jordan Henderson, Glen Johnson, Daniel Sturridge, Raheem Sterling, and Steven Gerrard will be boarding the plane later this month with England whilst the likes of Luis Suarez (Uruguay) will also be present.

This success is, Ozanian argues, likely to manifest itself in increased dollars for LeBron meanwhile, with Liverpool having recently seen their value increase to $691m (compared to $300 when Henry took over) and FIFA set to compensate teams around $2,000 per day for each player present in Brazil.

Now while LeBron is only a minority investor it is unlikely a huge amount of that cash will head his way, but with the team improving in all areas it was certainly a wise move from the four-time NBA MVP to team with Henry earlier this year.

And as he continues his plan to emulate Michael Jordan in making the jump from basketball star to all round business tycoon, this summer could be a positive stepping stone in his aspirations.

LeBron James
Miami Heat

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