Lebron James buys Liverpool (well..not totally)

Post #1 » by **Slava** » Wed Apr 6, 2011 10:42 pm

United States basketball star LeBron James has become a minority stakeholder in Liverpool after signing a representation deal with club owners Fenway Sports Group.

The Wall Street Journal claims that FSG has struck a deal to partner the Miami Heat player's sports-marketing firm, LRMR Branding & Marketing, to become his exclusive worldwide representative.

The newspaper said Maverick Carter, chief executive of LRMR, had expressed his desire to build James' portfolio internationally and find opportunities for him to gain equity in companies throughout the world as his commercial interests have largely been limited to sponsorship and endorsement deals.

http://soccernet.espn.go.com/news/story ... er?cc=5901

Foye · Post #2 » by **Foye** » Wed Apr 6, 2011 10:55 pm

I bet he doesn't even know a single Liverpool player.

Le Roi · Post #3 » by **Le Roi** » Wed Apr 6, 2011 11:31 pm

LeBron James a business man? He didn't even go to college

IronChef · Post #4 » by **IronChef** » Wed Apr 6, 2011 11:36 pm

Dude, he's expanding his portfolio internationally...

Liverpool are probably not a great investment right now, though

Post #5 » by **J.Kim** » Thu Apr 7, 2011 1:04 am

IronChef wrote:Dude, he's expanding his portfolio internationally...

Liverpool are probably not a great investment right now, though

Buy low, Sell high?

IronChef · Post #6 » by **IronChef** » Thu Apr 7, 2011 1:23 am

Well, they sure are low.

But, with new ownership and about to drop half a billion on a new stadium, I'd probably find another club to invest in.

Post #7 » by **LittleOzzy** » Thu Apr 7, 2011 1:43 am

Wow I hope he doesn't make me hate my team....

I can't stand Leboring...

BC_ · Post #8 » by **BC_** » Thu Apr 7, 2011 3:05 pm

Foye wrote:I bet he doesn't even know a single Liverpool player.

Rubbish, everybody's heard of that Wayne Roonaldo guy, Liverpool's best wide receiver.

Post #9 » by **5DOM** » Thu Apr 7, 2011 3:12 pm

So who's the King now?

Foye · Post #10 » by **Foye** » Thu Apr 7, 2011 3:40 pm

manchild wrote:
Foye wrote:I bet he doesn't even know a single Liverpool player.

Rubbish, everybody's heard of that Wayne Roonaldo guy, Liverpool's best wide receiver.

And Fernando Torrero. How could I forget?

jerrod · Post #11 » by **jerrod** » Thu Apr 7, 2011 8:02 pm

Foye wrote:
manchild wrote:
Foye wrote:I bet he doesn't even know a single Liverpool player.

Rubbish, everybody's heard of that Wayne Roonaldo guy, Liverpool's best wide receiver.

And Fernando Torrero. How could I forget?

if lebron knows one thing about soccer, i'm sure it's that torres sucks

Foye · Post #12 » by **Foye** » Thu Apr 7, 2011 8:16 pm

jerrod wrote:
Foye wrote:
manchild wrote:Rubbish, everybody's heard of that Wayne Roonaldo guy, Liverpool's best wide receiver.

And Fernando Torrero. How could I forget?

if lebron knows one thing about soccer, i'm sure it's that torres sucks

like he knows that he sucks for teaming up? :lol:

Post #13 » by **J.Kim** » Thu Apr 7, 2011 10:50 pm

IronChef wrote:Well, they sure are low.

But, with new ownership and about to drop half a billion on a new stadium, I'd probably find another club to invest in.

Half a billion on a new stadium = inflated value of team once stadium is built.

Looks like it's a pretty decent investment as long as they don't tank into relegation form in the next few seasons.

Post #14 » by **Slava** » Thu Apr 7, 2011 11:22 pm

I really don't think he'd have invested more than 3% of the value of the club. He wants to diversity his portfolio and Liverpool need some publicity.

Post #15 » by **5DOM** » Thu Apr 7, 2011 11:26 pm

Don't know how much LeBron paid, but if the price reflects the fact that Liverpool's not competing in any European competition next year and might not play in the CL for some time, it could be good.

jerrod · Post #16 » by **jerrod** » Fri Apr 8, 2011 3:17 am

Foye wrote:
like he knows that he sucks for teaming up?

the soccer board is an odd place to come if you don't like seeing players move around to play with other great players