Get all your news in one place.
100's of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
Sport
Dave Powell

FSG and Liverpool partner to join forces with Ryan Reynolds as £708m opportunity emerges

Ryan Reynolds FSG Alpine RedBird Maximum Effort Investments Gerry Cardinale

Hollywood superstar Ryan Reynolds is to join forces with Fenway Sports Group partner RedBird Capital Partners in acquiring a stake in a Formula One team.

RedBird, led by founder, managing partner and chief investment officer Gerry Cardinale, own 11 per cent of Liverpool owners FSG following a $750m deal that was sealed in March 2021. Since then the New York-based investment firm has taken majority ownership of Serie A giants AC Milan as well as the XFL professional football league in America, a deal done alongside actor Dwayne Johnson.

Now, RedBird are set to partner with another well known face from Tinseltown on an investment deal with Reynolds’ Maximum Effort Investments firm, which includes his Wrexham FC co-owner Rob McElhenney and recent Bournemouth investor and Creed star, Michael B Jordan, one of firms taking a slice of a 24 per cent stake at a $900m (£708m) valuation, according to US sports business website Sportico.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List
PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.
International Business Times UK
International Business Times UK
Alice Zaslavsky’s shortcut beetroot baked risotto – recipe
An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights
The Guardian - AU
The Guardian - AU
Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in
On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.
The Conversation
The Conversation
There's A Reason Taxi Cabs Are Almost Always Yellow
Yellow taxis are easy to spot in traffic, but the color's history goes far beyond simple visibility.
Motor1
Motor1
How ‘technoference’ can disrupt parent-child connections
Have you ever been telling someone a story when their phone lights up, and their eyes flicker toward their device?
The Conversation
The Conversation
Holding Lightning by Emily Lordi review – an intimate portrait of Whitney Houston
An empathetic biography of the the singer recasts her tumultuous later career as a triumph of self-expression
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play