Liverpool owners Fenway Sports Group have confirmed an investment into the company by RedBird Capital Partners, which has seen NBA star LeBron James become a part of the Premier League club's ownership group.
FSG, which also owns MLB franchise Boston Red Sox, is valued at at $7.35 billion (£5.32 billion) as part of the deal.
Goal understands that RedBird's investment is £543 billion ($749bn) – amounting to roughly 10 per cent of FSG's value.
Editors' Picks
What was said?
“Over the years, Fenway Sports Group has been able to attract a dedicated group of executives and partnerships seeking to compete for titles in the most challenging and rewarding landscapes," read a statement from FSG Principal Owner John W.