The latest updates from all of Boston's sports teams. Having previously partnered with the English soccer club Fulham F.C.,[12][13] on October 6, 2010, FSG agreed to buy Liverpool F.C. Fenway Sports Group, LLC (FSG), is an American sports company. Fenway Sports Group’s holdings place them third — globally — on the list of sports conglomerates, behind only Kroenke Sports ($8.4 billion) and Jerry Jones ($6.9 billion). The upshot: The bifurcation between the richest sports owners and everyone else will widen. My CUC story is the focus of a chapter in the 2004 book: Forbes Greatest Investing Stories (John Wiley & Sons) by Richard Phalon. FSG purchased Anfield along with Liverpool F.C. Our empire valuations are enterprise values (equity plus net debt) of all sports-related assets. Subscribe for just 99 cents. Deaths Coronavirus I even wrote an Earnings Quality newsletter for Forbes for a brief period (I think it peaked at about 150 subscribers). My brother in arms is Kurt Badenhausen, whom I have worked with for many years and knows more about sports numbers than anyone. From a humble $700 million purchase of the local baseball team 18 years ago, the ownership group of the Red Sox has mushroomed into a sports business worth $6.6 billion, according to a list compiled by Forbes. 17 Ford Mustangs in the Monster Energy Cup Series and previously competed in the Xfinity Series (1992–2018), NASCAR Gander Outdoors Truck Series (1996–2009) and ARCA RE/MAX Series. This week, MLS awarded its 30th franchise to Tepper in Charlotte for an expansion price of up to $325 million. They won the 2019-20 Premier League season[17]. A decade later, he bought the 60% that he didn’t already own of the NFL’s Rams—then in St. Louis, now in Los Angeles—in a deal valuing the team at $750 million. Fenway Sports Group was an early adopter of the bigger-is-better mentality with its vertically integrated sports model. Liverpool won the 2018-19 UEFA Champions League[16], having finished runners-up in the previous year's competition. FSG is NESN's majority owner (80%) and the Boston Bruins own the remaining 20%. Since Fenway acquired the club, it has had a relative amount of success, claiming one league title, two division titles, and making three playoff appearances. Boston was a dominant team in the new league, defeating the Pittsburgh Pirates in the first World Series in 1903[5] and winning four more championships by 1918. In addition to owning the Red Sox and Liverpool F.C., the Boston-based limited liability company also owns the home stadiums for both teams (Fenway Park and Anfield) and Fenway Sports Management (which in turn owns the Salem Red Sox of the Class A Carolina League, a minor league baseball franchise), plus 80% of the New England Sports Network (NESN) and 50% of Roush Fenway Racing, with cars entered (as of the 2019 season) in the NASCAR Cup Series racing competition.