Liverpool owners Fenway Sports Group have for some time been clear on their vision for growth, one that wishes to see more teams brought in to their portfolio.
Having been owners of the Boston Red Sox baseball team since 2002, FSG then acquired Liverpool in 2010 and a stake in the RFK Racing NASCAR team, before taking full control of the Pittsburgh Penguins NHL outfit in November of last year in a deal valued at the time at around $900m.
The Reds owners have stated previously that the NBA would be a move that they would look to make in the future, with much of the noise centred around the two expansion franchises that are to come online, potentially in the next two years.
