Weeks After Interest in LeBron James’ Liverpool, $88 Billion Worth World’s Richest Team Owner Shockingly Joins Forces With Rivals Manchester City

English Premier League giants, Manchester City, currently valued at $4.25 billion, recently announced a deal with Mukesh Ambani, India’s richest businessman.

This news is coming several weeks after Mukesh Ambani reportedly showed interest in buying Liverpool F.C. NBA star, LeBron James has a minority stake in Liverpool F.C. since 2011.

One of the main reasons this deal was done was because Manchester City understood the importance of connecting with their entire global fanbase.

The soccer giants want to expand their reach to the Asian continent, considering India is the seventh-largest country in the world. Renowned soccer players like Cristiano Ronaldo and Lionel Messi have millions of fans from countries like India.

Manchester City’s new deal with an Indian conglomerate!

According to Forbes, Mukesh Ambani’s current net worth is $89.5 billion. A few days ago, Manchester City announced its deal with Jio Platforms Ltd., owned by Ambani.

Jio is India’s largest mobile network operator. Manchester City’s current OTT platform ‘City+’ will be embedded into Jio’s platform called ‘JioTv’.

Indian fans will be granted access to exclusive content like Manchester City’s women’s team, live streaming of several matches, match highlights, etc. However, the finances of the deal were not revealed.

After signing the deal, Manchester City released an official club statement on their website. Ferran Soriano, CEO of City Football Group quoted, “We’re pleased to welcome Jio as an Official Partner of Manchester City today”.

Soriano also expressed the club’s interest in wanting to reach out to Indian audiences. He said, “The Club has a passionate and growing fanbase in India and we are continually exploring new ways to provide greater fan experiences for our followers in the region and around the globe, particularly within the digital and technology space”.

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This strategic partnership will surely help Manchester City reach out to its Indian fans in a more holistic way.

LeBron James – A sports star turned businessman

While Mukesh Ambani is a pure businessman, we should not forget one of the greatest sports players who gradually turned into a businessman. NBA star LeBron James earned equal respect from his fans on and off the field.

There’s no doubt about James’ basketball abilities, but the NBA star developed a knack for cracking fantastic business deals. Since James started his professional career, he’s never been short on money.

The NBA star always dreamt of one day owning his own sports franchise. James never gave up on that dream. After getting a few deals right in the market, the basketball legend acquired a minority stake in Liverpool F.C. This deal happened back in 2011.

According to ESPN, LeBron James’ stake’s value which was once $6.5 million, has now increased to around $32 million. It remains to be seen if James increases his stake in the English Premier League club in the near future.

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Do you think LeBron James will ever acquire a bigger chunk of Liverpool F.C.? Or will he show an interest in another sports franchise? Let us know what you think in the comments below.