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    Fenway Sports Group
    Sports Management, Franchise Ownership

    Fenway Sports Group

    United States flagUnited States

    "Stewardship of iconic athletic franchises"

    Founded 2001 Boston, Massachusetts CEO: Tom Werner
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    About

    John W. Henry and Tom Werner established the organization in 2001 as New England Sports Ventures to acquire the Boston Red Sox for $660 million. The purchase ended an 86-year championship drought for the franchise, which had not won a World Series since 1918. This initial transaction set the foundation for a holding company that would eventually expand its reach across multiple sports.

    The entity officially rebranded to Fenway Sports Group in March 2011 to reflect its diversification beyond baseball into soccer, motorsports, and golf. The group now operates Major League Baseball's Boston Red Sox, the Premier League club Liverpool FC, and the National Hockey League's Pittsburgh Penguins. Additional holdings include stakes in the WNBA's Atlanta Dream and various ventures within the golf industry.

    In August 2026, the organization announced a significant shift in its ownership structure regarding Liverpool FC. FSG agreed to sell a 30% minority stake to a consortium led by Amazon founder Jeff Bezos, Amit Bhatia, and Eduardo Saverin. The deal valued at approximately £1.65 billion grants the new partners an option to purchase a controlling majority stake in the future while FSG retains operational control of the football club.

    Products & Sub-brands

    Boston Red SoxLiverpool FCPittsburgh PenguinsAtlanta DreamBoston Common GolfWTGL Team

    Frequently Asked Questions

    Who owns Fenway Sports Group?
    The group is owned by a partnership led by founders John W. Henry and Tom Werner. In August 2026, they sold a 30% minority stake in Liverpool FC to a consortium including Jeff Bezos, Amit Bhatia, and Eduardo Saverin.
    What teams does Fenway Sports Group own?
    FSG owns the Boston Red Sox (MLB), Liverpool FC (Premier League), and the Pittsburgh Penguins (NHL). They also hold interests in the Atlanta Dream (WNBA) and have launched Boston Common Golf.
    Is Fenway Sports Group still in business?
    Yes, FSG remains an active global sports conglomerate. The company recently expanded its portfolio with women's golf teams and restructured its ownership model for Liverpool FC in 2026.
    How much is Fenway Sports Group worth?
    Exact figures are private, but the group is valued in the tens of billions. The recent £1.65 billion investment in Liverpool FC signals a post-deal valuation for the club exceeding $7 billion.
    Who is the CEO of Fenway Sports Group?
    Tom Werner serves as Chief Executive Officer and Co-Chairman. Gordon Hughes acts as President overseeing daily operations, while John W. Henry serves as Chairman.

    Keywords

    sports conglomerateBoston Red SoxLiverpool FCJeff BezosJohn W. HenryTom Wernergolf expansionminority stake sale

    Sources

    Fenway Sports Group Official SiteWikipediaBoston Business JournalWall Street JournalLPGA News

    Company Info

    Founded
    2001
    Founder
    John W. Henry, Tom Werner
    CEO
    Tom Werner
    Headquarters
    Boston, Massachusetts
    Industry
    Sports Management, Franchise Ownership
    Original Name
    New England Sports Ventures
    Red Sox Purchase Price
    $660 million
    Rebrand Date
    March 2011
    Liverpool Stake Sale
    August 2026
    Liverpool Stake Value
    £1.65 billion
    Headquarters Address
    82 Brookline Ave, Boston
    President
    Gordon Hughes

    Official Website

    www.fenwaysportsgroup.com/

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