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    Quick Hits

    Green Monster of a Deal

    By
    Oct 11, 2020 | 08:10 pm
    UPDATED Oct 11, 2020 | 09:17 pm
    Fenway Park
    David Butler II-USA TODAY Sports

    Fenway Sports Group — the owner of the Boston Red Sox and Liverpool Football Club — could be headed public. RedBall Acquisition Corp. is reportedly looking to raise an additional $1 billion to take a less than 25% stake in Fenway Sports Group — valuing the company at $8 billion. 

    The merger with the special purpose acquisition company could be agreed to by the end of the month. A publicly-owned Fenway could make more plays for sports team acquisitions, including European soccer teams which are an increasingly popular target. 

    Oakland Athletics general manager Billy Beane could be in a sticky spot, and could be forced to choose between the Red Sox and A’s — again. Beane was offered the Sox general manager position in 2002 for $12.5 million, turning it down for an equity stake in the A’s. He’s now a principal in RedBall.

    Fenway Sports Group Holdings:

    • Boston Red Sox
    • Fenway Park
    • New England Sports Network
    • Liverpool F.C.
    • Salem Red Sox
    • Roush Fenway Racing
    • Fenway Sports Management
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