Liverpool owners FSG have 'hands full' as new £5 billion investment ruled out

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Fenway Sports Group have been linked with a potential purchase of the Boston Celtics this year

Liverpool owners Fenway Sports Group are not looking to add the Boston Celtics to their portfolio of sporting assets. The Reds owners had been linked with a purchase of the NBA champions since the summer. Sam Kennedy, FSG CEO, poured cold water over the rumours that Reds owners, who have their roots firmly planted in Boston through ownership of the Boston Red Sox, while FSG principal John W. Henry privately owns the Boston Globe, were in the mix to add the Celtics to the business.

They also created FSG International, of which Liverpool CEO Billy Hogan was named CEO, which will be the vehicle through which they hope to acquire more football teams, part of the remit of FSG’s head of football, Michael Edwards, who returned to the fold during the summer after leaving as Reds sporting director in 2022. Quizzed on whether FSG would be making a move for the Celtics, Kennedy told the Boston Globe : “We are entirely focused on our existing portfolio — we have our hands full.

 

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