Sources within the Pittsburgh Penguins organization on Monday confirmed an ESPN report that Fenway Sports Group, which owns the Penguins, is looking to add an investor to its ownership group.

PITTSBURGH (KDKA) -- Fenway Sports Group is exploring selling off a minority stake of their ownership in the Pittsburgh Penguins, according to a report from ESPN. ESPN, citing sources, says that ...

Fenway made a similar transaction involving Liverpool in September 2023, selling a minority stake in the team to sports investment firm Dynasty Equity. Follow the Penguins all season long .