Arctos Sports Partners, minority stakeholders in Liverpool owners Fenway Sports Group, have added another team to their growing sports portfolio.
Having taken a small stake in FSG in 2020 at a time when the Reds owners were looking to free up some capital, Arctos have been on something of a spree when it comes to their sporting investments, adding stakes Major League Baseball's Los Angeles Dodgers, Chicago Cubs, San Francisco Giants, San Diego Padres and Houston Astros, all rivals of FSG's Boston Red Sox, whom Arctos have an indirect stake in.
Earlier this year they closed on a $36m (£29.2m) stake in Italian top flight side Atalanta, while the investment firm’s portfolio also includes the National Hockey League’s (NHL) Tampa Bay Lightning and Minnesota Wild, as well as an indirect stake in FSG's Pittsburgh Penguins. They also have investments in the Golden State Warriors and Sacramento Kings NBA franchises.