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BOSTON (AP) — Theo Epstein, who as Red Sox general manager was the architect of two World Series championships, is returning to the organization as a minority owner and part-time senior adviser to its parent company, Fenway Sports Group. Epstein, who also helped the Chicago Cubs win the 2016 title — their first in 108 years — will advise the sports and entertainment conglomerate on operations and investment strategy. “The special connection I feel toward this organization and the ownership group has stayed with me through the years.”Fenway Sports Group owns the Red Sox, the Pittsburgh Penguins, Liverpool of the English Premier League and NASCAR's RFK Racing. After joining the Red Sox in 2002 at the age of 28 — the youngest general manager in baseball history — Epstein helped build the ballclub that won it all in 2004, the first Red Sox championship in 86 years. “There is no question that Theo left an indelible mark on our history that represented a transformative era,” Fenway Sports Group principal owner John Henry said.
Persons: — Theo Epstein, Epstein, , ” Epstein, — Epstein, Theo, John Henry said, , Organizations: BOSTON, Red Sox, Fenway Sports Group, Chicago Cubs, Pittsburgh Penguins, English Premier League, RFK Racing, Major League Baseball, Arctos Partners, Cubs Locations: Liverpool, FSG
Staged in partnership with the PGA Tour, the televised indoor golf league – the TGL – is the brainchild of TMRW Sports, a company co-founded by Woods and Rory McIlroy, and will feature 15 of the world’s current top 20-ranked men’s players. Here’s everything you need to know about the competition before it tees off on January 9. Meanwhile TGL New York is led by New York Mets owner Steven A. Cohen and his family office, Cohen Private Ventures. How to watchThe first two-hour match will air on ESPN and ESPN+ from 9 p.m. ET (1 a.m. GMT) on Tuesday January 9, with the second match aired a week later at 7 p.m.
Persons: Woods, Steph Curry, Williams, Rory McIlroy, TGL, ” Woods, , , TGL Who’s, Justin Thomas, Arhthur, Blank, McIlroy, Jon Rahm, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Scottie Scheffler, Viktor Hovland, Brian Harman, Richard Heathcote, Tom Kim, Tyrrell Hatton, Tommy Fleetwood, Cam Young, Keegan Bradley, Collin Morikawa, Rickie Fowler, Thomas, Sahith Theegala, Lucas Glover, Shane Lowry, Justin Rose, Adam Scott, Min Woo Lee, Billy Horschel, Kevin Kisner, Serena, Venus Williams, Alexis Ohanian, Giannis Antetokounmpo, Alex Morgan, Michelle Wie, Marc Lasry’s, Curry, Andre Iguodala, Klay Thompson, Steven A, Cohen Organizations: CNN, PGA Tour, TMRW Sports, NBA, NFL, Premier League, Palm Beach State College, Atlanta, GC, The Home Depot, MLS, Atlanta Falcons, Atlanta United, TGL, ESPN, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool . Los, Reddit, National Women’s Soccer League, Angel City FC, Women’s National, Sports Fund, Golden State Warriors, New York Mets, Private Ventures, ABC Locations: Florida, American, Palm, LAGC, TGL New York
Another sports powerhouse has joined the ownership ranks of the golf league being developed by Tiger Woods and Rory McIlroy. Woods, McIlroy and McCarley founded TMRW Sports Group (pronounced "tomorrow") last year in partnership with the PGA Tour. At the time, it was seen as a response to the Saudi-backed LIV Golf league, which was embroiled in a bitter legal fight with the PGA Tour. This month, however, the PGA Tour and LIV agreed to merge business interests to form a new company. McIlroy is one of the biggest public critics of LIV, and Woods reportedly rejected a massive offer to join the Saudi-funded league.
Persons: Tom Werner, John Henry, Tiger Woods, Rory McIlroy, Henry, Werner, Reddit, Alexis Ohanian, Serena Williams, Venus Williams, Mike McCarley, McIlroy, McCarley, LIV, Woods Organizations: Boston Red Sox, Fenway Sports Group, TGL, Major League Baseball's Boston Red Sox, Liverpool Football Club, National Hockey League's Pittsburgh Penguins, Los Angeles, TMRW, Woods, TMRW Sports, PGA, LIV Golf, Saudi Locations: New England, Los, FSG, Saudi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the Fed's rate hike pause impacts the financial and banking sectorStephen Scouten, Piper Sandler Managing Director in FSG Research, discusses how the latest Fed policy decision will likely impact the financials sector.
Persons: Stephen Scouten, Piper Sandler Organizations: Research
Two financial sector experts discuss the big bank earnings ahead
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial sector experts discuss the big bank earnings aheadStephen Scouten, Managing Director in FSG Research at Piper Sandler, and Devin Ryan, Director of Financial Technology Research at JMP Securities, discuss their expectations for bank earnings.
Liverpool owner Henry rules out sale of the club
  + stars: | 2023-02-20 | by ( ) www.reuters.com   time to read: +1 min
Feb 20 (Reuters) - Liverpool's American owner John Henry has said there are no plans to sell the Premier League club after the Merseyside outfit's owners said in November they were exploring a sale. After FSG's initial statement, Liverpool chairman Tom Werner said there was no urgency to complete any potential deal. Are talking with investors about Liverpool? I believe so, but it won't be a sale. Reporting by Aadi Nair in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
United and Liverpool are the two most successful teams in English football but have won only one league title each in the past decade. "You get a lot of money from the Premier League, from broadcasting and sponsorship, but you also have to put a lot of money in to keep your team." "The failure of the proposal and the failure of Premier League clubs to gain greater power in the running of the league are likely influencing factors," said Spencer Harris, Associate Professor of Sport Management at the University of Colorado. "The current owners (of Liverpool and United) don't have the finances to compete and invest on the level of these other clubs." "(There is a) general realisation that English Premier League teams, the two biggest ones per se, are relatively uncapitalized versus NFL franchises, which have been a barometer for a longer period of time."
[1/2] General view of the United Trinity statue outside Old Trafford REUTERS/Phil NobleJan 9 (Reuters) - English Premier League clubs Manchester United Plc (MANU.N), Tottenham Hotspur, or Liverpool FC are being targeted by Qatar Sports Investments over a potential acquisition, Bloomberg News reported on Monday. Qatar Sports Investments is considering either a total takeover or a stake in Manchester United or Liverpool, according to the report. Liverpool Chairman Tom Werner also said in November that the Premier League side's owner, Fenway Sports Group (FSG), was exploring a sale of the club. Qatar Sports Investments is currently the owner of French soccer club Paris St Germain, and has a stake in Portuguese soccer club SC Braga. Manchester United and Qatar Sports Investments did not immediately respond to Reuters' requests for comment, while Liverpool could not be immediately reached for comment.
He bought the soccer club AC Milan in August, earning the attention of the Italian press. This past spring, AC Milan won its first national title in 11 years. Claudio Villa/AC Milan via Getty Images Show less Cardinale at a training session for AC Milan. For instance, the teams sell each other's merchandise in their stadiums, and the YES Network airs AC Milan games. "Now we have a new phase of expansion and internationalization of AC Milan with Gerry."
Cristiano Ronaldo of Manchester United in action during the Premier League match between Manchester United and Liverpool FC on Aug. 22, 2022 in Manchester, England. Ash Donelon | Manchester United | Getty ImagesSaudi Arabia says it wants its investors to take over Manchester United and Liverpool – and hopes Cristiano Ronaldo comes to play in its domestic league. More from Sky Sports:Glazers open to selling Manchester United; Club valued around £5 billionWill Manchester United and Liverpool sales turn into bidding war? Manchester United sale Q&A: Who are the contenders? Cristiano Ronaldo of Manchester United walks on the pitch during a Premier League match between Manchester United and Liverpool FC on Aug. 22, 2022 in Manchester, England.
CNN —Liverpool FC’s owners are exploring the possible sale of the iconic English football club, according to The Athletic and The New York Times. Mo Salah celebrates scoring his second goal in Liverpool's 2-1 Premier League win against Tottenham Hotspur on Sunday. “FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool,” added the statement. “FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club. This season, Liverpool is well off the pace in the Premier League title race and will face Real Madrid in the last-16 stage of the Champions League.
Starul din NBA, LeBron James și partenerii săi de afaceri investesc masiv în FC Liverpool. Compania Fenway Sports Group, care deține clubul englez de fotbal, a semnat un contract cu firma RedBird Capital și va obține de la aceasta peste 735 de milioane de dolari.Banii vor fi alocați pentru modernizarea stadionului Anfield. FSG planifică să majoreze capacitatea tribunelor de la 53 de mii de locuri la 61 de mii. Costul lucrărilor se ridică la 82 de milioane de dolari.Mai mult, noua investiție va ajuta pe FC Liverpool să amortizeze pierderile financiare din perioada pandemiei, estimate la 165 de milioane de dolari.La rândul său, LeBron James, care deținea de mai mulți ani două la sută din acțiunile lui FC Liverpool, își va mări cota de participație la capitalul clubului englez și va deveni membru al grupului de proprietari.Compania Fenway Sports Group, care a cumpărat pachetul de acțiuni al lui FC Liverpool în 2010, este și proprietara echipei de baseball Boston Red Sox.
Persons: LeBron James, Anfield . FSG, James Organizations: FC Liverpool, Compania Fenway Sports Group, RedBird Capital, Anfield, proprietari.Compania Fenway Sports Group, Boston Red Sox Locations: LeBron, englez
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