Fenway Sports Group is no different ... FSG and its subsidiaries are private companies, so their financial situation is unknown. However, we can deduce plenty from new and previous reporting ...

Fenway Sports Group selling off a minority stake of the Penguins would not be viewed as unusual, especially in this era of private equity involvement in sports ownership. In October 2024 ...

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.

According to a report from NHL insider Kevin Weekes and ESPN analyst Emily Kaplan, Fenway Sports Group (FSG ... Selling equity to private investors is becoming more and more of a common practice ...

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 ...

Prior to Fenway Sports Group's purchase, the Penguins were the only franchise in North American professional sports with ties to private equity to have won a championship. The 4 Nations Face-Off ...

January 28 - Fenway Sports Group is looking to sell a minority share of the Pittsburgh Penguins, multiple media outlets reported Monday. The Boston-based conglomerate hasn't revealed how much of ...

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 .