Fenway Sports Group (FSG), the American ownership group of Liverpool Football Club, has expressed excitement about their latest venture in the world of sports.
FSG, known for owning the Boston Red Sox and Pittsburgh Penguins, has now acquired a franchise in the new TGL (Tiger Woods and Rory McIlroy’s virtual golf league).
This move aims to attract a younger audience to the sport of golf. FSG’s team will be based in Boston, and they will also receive a 3% stake in the TGL. FSG’s principal owner, John Henry, and chairman, Tom Werner, have praised the innovative nature of the league and promised more details to be revealed soon.
FSG Reassures Commitment to Liverpool FC
Regarding Liverpool FC, Henry reassured fans that FSG’s commitment to the club remains stronger than ever. While the club was put on the market last November, there is now a focus on finding a minority partner rather than a full sale.
Henry emphasized the long-term success and competitiveness of the club, with investments being made responsibly. Liverpool fans can expect investment in the first team this summer, particularly in key areas like midfield, and ongoing development of training and stadium facilities.
Exclusive from Henry
In an interview, Henry has now spoken exclusively to the ECHO:
“While we formalised a process that has identified potential investors for the club, we remain fully committed to the long-term success of the club.
That has been the case since day one in 2010. Our efforts every day have been and continue to be focused on the long-term health and competitiveness of the club.
Investment in the club is never for the short-term. This approach has been successful over the long haul with patience necessary from time to time.”
Henry continued,
“In regard to Liverpool Football Club our commitment remains stronger than ever. The club continues to make great progress with youth on the field and off.
Being a part of this club is something no one takes for granted.”
Henry acknowledged the financial challenges in the Premier League, with ever-increasing spending by clubs.
He expressed the need for limits on spending to maintain competition and excitement within the league.
Gordon Continues
Regarding FSG President Mike Gordon, Henry reassured that Gordon remains fully committed to the club, dispelling retirement rumors.
Gordon, instrumental in FSG’s management at Anfield, is currently overseeing the search for investment, aided by US investment banks Goldman Sachs and Morgan Stanley.
FSG’s acquisition of a franchise in the TGL demonstrates their ongoing investment in the world of sports. Liverpool FC remains a top priority, with a focus on responsible investment and building for long-term success.
Despite financial challenges, by attracting strategic partners and responsibly investing in the team and infrastructure, FSG aims to ensure Liverpool’s continued success and maintain a competitive edge in the challenging Premier League landscape.
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