RedBird buying 10% of Fenway Sports Group

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Tank55
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RedBird buying 10% of Fenway Sports Group

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Boston Breakers confirmed:
RedBird Capital is nearing a deal to acquire more than 10% of Fenway Sports Group for approximately $750 million, according to individuals familiar with the matter. The deal values the owner of the Boston Red Sox and Liverpool FC at more than $7 billion, according the people, who were granted anonymity because the matter is private. It would be the latest sports-related investment for RedBird, following the acquisition of Toulouse FC and the XFL, which is scheduled to relaunch in 2022.
https://www.sportico.com/business/finan ... 234623645/
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