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LeBron James becomes partner of Liverpool FC owners

LeBron James has become a minor partner in Fenway Sports Group (FSG), the owners of Liverpool FC.

FSG announced on Tuesday the basketball legend has invested in the group, which also owns the Boston Red Sox.

James has been a part-owner of Liverpool FC since 2011 and has a 2% stake in the club, which he bought for £4.7m.

He and his business partner Maverick Carter are now taking a more active role in global sports ownership.

The pair become the first black partners at FSG after expanding their investment in the global sports group, which is valued at more than $6bn (£4.