Liverpool owners FSG poised to sell off £750m stake to RedBird Capital
March 1 – Liverpool owners Fenway Sports Group (FSG) are reportedly on the verge of agreeing the sale of 10% in the holding company for a reported $750 million.
The proposed sale, reported by Sportico, would value FSG – whose main assets are Premier League champions Liverpool and Major League Baseball’s (MLB) Boston Red Sox – at over $7 billion. Liverpool would make up about $2.5 billion of that amount.
The buyer is former Goldman Sachs banker Gerry Cardinale via his private equity firm RedBird Capital.
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