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Basketball superstar Lebron James has become a minor partner of Fenway Sports Group.
The American company owns Liverpool Football Club.
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.
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.