Liverpool owners Fenway Sports Group are continuing to fight legal action in the US following the acquisition of the Pittsburgh Penguins NHL team.
Back in November the Penguins became the fourth sporting team to become part of the FSG empire when John Henry and Tom Werner closed on a deal with the NHL team's ownership, with the valuation of the Pittsburgh franchise in the region of $900m.
The Penguins acquisition is set to kick off a period of further takeovers of sporting property, with an NBA team top of the list and potential targets in football markets such as Brazil, with FSG accelerating its 'FSG 3.0' phase, aided by the $750m investment for 11 per cent of the FSG empire by RedBird Capital Partners last year.
