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Fenway Sports Group, the owners of Liverpool, are rumoured to be closing in on a deal that could see $7 billion injected into golf between the PGA Tour and Liv Golf. It would see them add to their expansive sports portfolio, which has achieved mixed degrees of success over the past 12 months.<\/p>\n
Forbes recently reported that the Fenway Sports Group, led by Boston Red Sox owner John Henry, holds the third position among sports empires, boasting a combined valuation of $9.81 billion. Headquartered in Boston, the private sports empire has attracted notable investors such as LeBron James, Maverick Carter, and business investor Paul Wachter.<\/p>\n
Fenway Sports Group (FSG) holds ownership of numerous prominent sports subsidiaries, including the Boston Red Sox, Liverpool, Pittsburgh Penguins, TGL Boston, RFK Racing, and minor league baseball teams such as the Worcester Red Sox and Salem Red Sox. The group’s portfolio extends to several key venues, encompassing Fenway Park and Anfield. In addition to their sports holdings, FSG owns a marketing firm, a sports cable network, and various other venues within their real estate group.<\/p>\n
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Don’t miss… <\/strong> The TGL Golf league is a PGA-backed venture started by Tour legends Tiger Woods and Rory McIlroy. The digital golf league will feature a team-based game comprising six teams, each featuring three PGA Tour players competing against each other in an 18-hole match played on a virtual course.<\/p>\n The tournament, initially scheduled to commence on January 9, 2024, at the SoFi Center in Florida, faced a setback. The league’s indoor stadium in Florida experienced a roof collapse, prompting a delay in the league’s launch. The new anticipated start date is now set for “early 2025.”<\/p>\n During their ownership tenure, Fenway Sports Group (FSG) has achieved significant success, securing multiple championships across different sports. The company has contributed to the Boston Red Sox’s triumph with four World Series Championships for over two decades.<\/p>\n
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