April 23, 2014 1:02 PM ET

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Company Overview of Fenway Sports Group

Company Overview

Fenway Sports Group, through its subsidiaries, provides sports, media, and entertainment services. It offers property representation, sponsorship sales, and brand management consulting services, as well as provides sports marketing and sales internationally. The company also operates a regional sports television network in New England. In addition, it operates a baseball club and a football club, as well as a racing team. Further, the company owns sports venues in Boston and Liverpool. Fenway Sports Group was formerly known as New England Sports Enterprises, LLC. The company was founded in 2001 and is headquartered in Boston, Massachusetts. As of June 2008, Fenway Sports Group operates as a ...

82 Brookline Avenue

Boston, MA 02215

United States

Founded in 2001

Phone:

617-226-6300

Fax:

617-226-6484

Key Executives for Fenway Sports Group

President
Vice President of Marketing and Communications
Executive Vice President
Executive Vice President
Co-Managing Director
Age: 53
Compensation as of Fiscal Year 2013.

Fenway Sports Group Key Developments

Fenway Denies Liverpool Sale Rumors

The Liverpool Football and Athletic Grounds Limited deny that its owner John W Henry and Fenway Sports Group are considering its sale. The Sun has reported Liverpool is "unofficially" on the market with a price tag of £350 million, but Liverpool and their owners state that is not the case. Anfield said in a statement: "Fenway Sports Group has made its position clear, Liverpool is not for sale. There is no truth in this story. Any suggestion of a sale is fabrication."

John Henry Denies Report Suggesting Sale Of Red Sox

John Henry, owner of Boston Red Sox Baseball Club LP, denied a report stating that he was planning to sell the company. The Fox Business Network reported that John Henry and his partners were looking for potential buyers. The news report stated that Fenway Sports Group did not have the financial resources to operate the Red Sox and New England Sports Network, Inc. and as a result, would sell Red Sox. John Henry said, “A sale of any kind is so far from our thinking it hasn't even come up apart from technical planning issues involving death or disability. This report is completely without foundation.” He addede, “Regarding unnamed sources: Any sale discussions that may have taken place were missing three key people -- Larry, Tom, and me. The Sox and any of the other components of FSG are not for sale and will not be for the foreseeable future.” Tom Werner, Chairman of Red Sox, said, “There's not a scintilla of truth to it. We're not selling the team. I don't know what else I can say.” Several Red Sox executives, including Chief Operating Officer, Sam Kennedy, denied the idea that there have been discussions about a sale. Sam Kennedy stated, “John, Tom, and Larry aren't going anywhere.”

Fenway Reportedly Eyes Red Sox Sale

Fenway Sports Group is in talks to sell Boston Red Sox Baseball Club LP, according to people with direct knowledge of the matter. There is no final decision 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. A spokesperson for Red Sox said of the potential sale that “there is no truth to that rumor.” The price of for any potential sale would be $1.3 billion, according to people who have spoke with Red Sox management. Fenway also owns 80% of New England Sports Network, Inc., if it is included in a full auction of the Red Sox, the transaction value could be $1.5 billion to $1.6 billion, said one person intimately involved in financing sports deals. "The Red Sox are one of the premier franchises in all of sports. I don’t think it would be very hard to sell the team. You would have many, many bidders," the source added.

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