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Liverpool Echo

Sport

Dave Powell

Liverpool chairman Tom Werner explains £667m deal and hints at major FSG move

Liverpool FSG Tom Werner Penguins LeBron James NBA NHL

Having acquired the Pittsburgh Penguins NHL ice hockey team at the end of November, Fenway Sports Group are expected to continue their growth in 2022.

Liverpool owners FSG added the Penguins to their sporting empire, with the $900m (£667m) deal seeing the NHL team join the Reds, the Boston Red Sox baseball team and the RFK Racing NASCAR team as their sporting assets, as well as other FSG businesses including the NESN sports cable TV network, Fenway Sports Group Real Estate and Fenway Sports Management.

The Penguins deal saw FSG's overall value reach a record high of of $9.8bn (£7.2bn) according to Forbes, with the magazine's 2022 list of the most valuable sporting empires in the world placing them at number three.

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