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Boston Red Sox Could Be on the Block | Fox Business
The owners of the Boston Red Sox are mulling a potential sale of the storied baseball franchise, and have even begun quietly shopping the team to potential buyers, the FOX Business Network has learned.
The team is owned by the Fenway Sports Group, which also owns the English football team Liverpool FC. While no final decision has been made about a potential sale, and the talks appear to be in the early stages, executives at Fenway Sports are debating whether they have the financial resources to run both teams, according to people with direct knowledge of the matter.
The price tag eyed for any potential sale would be a steep one, according to people who have spoke with Red Sox management: $1.3 billion. Forbes cites the value of the Red Sox at around $1 billion.
The owners of the Boston Red Sox are mulling a potential sale of the storied baseball franchise, and have even begun quietly shopping the team to potential buyers, the FOX Business Network has learned.
The team is owned by the Fenway Sports Group, which also owns the English football team Liverpool FC. While no final decision has been made about a potential sale, and the talks appear to be in the early stages, executives at Fenway Sports are debating whether they have the financial resources to run both teams, according to people with direct knowledge of the matter.
The price tag eyed for any potential sale would be a steep one, according to people who have spoke with Red Sox management: $1.3 billion. Forbes cites the value of the Red Sox at around $1 billion.
