The Bottom Line: LeBron James, Gerry Cardinale and what $750m investment into FSG means for Liverpool

Welcome to a brand new show on the Blood Red podcast channel, which we’re tentatively calling ‘The Bottom Line’. Why ‘The Bottom Line’? Because this podcast is all about football finances – and Liverpool Football Club’s in particular. The Liverpool ECHO now has a dedicated business of football writer, Dave Powell, and we will be calling on him, plus special guests, to give our listeners an understanding of what’s going on off the pitch at Anfield and elsewhere. To kick us off, Paul Wheelock talks to Dave about two big stories that have emerged this week involving basketball superstar LeBron James and an investment firm called RedBird Capital Partners that is fronted by financier Gerry Cardinale. James (1%) and RedBird (10%) are buying stakes in the owners of Liverpool FC, Fenway Sports Group. So what does it mean for the Premier League champions? Dave discusses that, as well as touching on FSG’s approach to running the Reds; the impact, if any, that missing out on Champions League football will have, and what supporters can expect when the club’s latest financial accounts are released. Hope you enjoy the podcast and if there’s anything you would like us to cover on future shows, please get in touch with @_DavePowell and @PaulWheelock on Twitter.

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