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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

'You should expect that' - Gerry Cardinale explains FSG plans for further expansion after Liverpool

Liverpool owners Fenway Sports Group could make a play for an NFL team in the future if rules around private equity in America's biggest sporting league change.

With the NHL, NBA MLS and MLB having all cleared the way for private equity to own minority stakes in teams, the NFL has remained the outlier thus far with ownership rules tighter around private equity. But with the changes that have already been seen across the major US sports leagues there could be scope for FSG to enter the fold in the future.

FSG, owner of the Boston Red Sox baseball team as well as the Reds, the Pittsburgh Penguins and NASCAR team RFK Racing, welcomed New York-based RedBird Capital Partners into the fold in March 2021, the private equity firm that sealed a takeover of AC Milan at the start of September, acquiring an 11 per cent stake in the Liverpool owners in a $750m deal.

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