Fenway Sports Group (FSG), the owner of Liverpool Football Club, has been making significant investments in various sports in recent years. Their most recent addition is a £2.3 billion investment into the PGA Tour, which has expanded their portfolio across five different sports. Alongside owning Liverpool, FSG also owns the NHL’s Pittsburgh Penguins.
There have been rumors that FSG is also interested in acquiring an NBA team, with plans that could potentially involve LeBron James. However, Liverpool owner John Henry has stated in an interview with the Boston Globe, which he owns, that FSG is currently at capacity and not actively seeking further growth opportunities.
Henry acknowledged that while there may be other opportunities in the future, FSG is fully engaged with their existing ventures. He mentioned that they are currently working on a few things that were in progress before their involvement in the PGA Tour. This suggests that FSG is still focused on pursuing a second football club, despite their current commitments.
The multi-club model has been a long-term plan for FSG, as evidenced by the appointment of Michael Edwards as CEO of Football. Edwards’ appointment came after FSG made a commitment to acquire and oversee an additional club. The addition of Julian Ward and the signing of Pedro Marques, Benfica’s technical director, further support FSG’s dedication to this project.
In May, there were reports that FSG was on the verge of acquiring a sister football club in Europe. However, there hasn’t been any public progress on this front so far. It remains to be seen when and where FSG will establish their second football club.
Overall, FSG’s expansion into various sports demonstrates their desire to diversify their portfolio and grow as an organization. While their recent investment into the PGA Tour has temporarily halted their search for new opportunities, it is clear that they remain committed to pursuing a second football club in the future.