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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

What it means for Liverpool sale as FSG learn of $4bn NBA deal

NBA FSG Suns Phoenix Suns Adam Silver Echo John W Henry LeBron James Vegas World Cup

The sale of the Phoenix Suns NBA team could have an impact on the plans of Liverpool owners Fenway Sports Group.

The Suns and the WNBA team, the Phoenix Mercury, are to be sold to billionaire Matt Ishbia in a deal reported to be worth $4bn (£3.3bn); a figure far in excess of some valuations earlier this year that had pegged the franchise at around the $2.5bn mark.

A deal is yet to be formally completed but it is expected to be so in the coming days, with current Suns owner Robert Sarver having put the teams up for sale back in September after being fined $10m and suspended following an NBA investigation revealed racist and sexist behaviour in the workplace. It was a punishment that the likes of basketball icon and FSG partner LeBron James had felt insufficient.

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