JOURNAL ARTICLE

Owner of Boston Red Sox, Liverpool FC Eyes More Sports Deals.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

(Bloomberg) -- Fenway Sports Group, the parent company of the Boston Red Sox, Liverpool FC and the Pittsburgh Penguins is officially in "growth mode." The deal for Liverpool was struck in three months, said Boston Red Sox President and CEO Sam Kennedy. LeBron James and business partner Maverick Carter bought a 1% stake in FSG in 2021, alongside investor RedBird Capital's purchase of a 10% stake in a deal valuing FSG at $7.35 billion. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/07, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • Accession Number:164939011
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.