Trending Topics

      Next match: LFC v Brighton [Premier League] Sun 31st Mar @ 2:00 pm
      Anfield

      Today is the 28th of March and on this date LFC's match record is P26 W11 D3 L12

      FSG in talks to buy Pittsburgh Penguins

      Read 6653 times
      0 Members and 1 Guest are viewing this topic.
      Borg
      • Forum Jamie Redknapp
      • ***
      • Started Topic

      • 317 posts | 80 
      FSG in talks to buy Pittsburgh Penguins
      Nov 16, 2021 08:14:39 pm
      https://www.wsj.com/articles/boston-red-sox-owner-fenway-sports-in-talks-to-buy-pittsburgh-penguins-11637092211?mod=rss_markets_main

      Sorry about the Wall Street Journal pay wall.
      Sorry about not being able to post this info in the currently "closed" FSG thread.

      If anyone with access to the article can post details...most appreciated
      « Last Edit: Nov 17, 2021 12:26:36 pm by JD »
      FATKOPITE10
      • LFC Reds Subscriber
      • ******
      • 14,342 posts | 3368 
      • Liverpool fc give me tourettes
      Re: FSG in talks to buy......
      Reply #1: Nov 16, 2021 08:19:48 pm
      https://www.wsj.com/articles/boston-red-sox-owner-fenway-sports-in-talks-to-buy-pittsburgh-penguins-11637092211?mod=rss_markets_main

      Sorry about the Wall Street Journal pay wall.
      Sorry about not being able to post this info in the currently "closed" FSG thread.

      If anyone with access to the article can post details...most appreciated


      P p p p p pick up a penguin
      CT_LFC
      • Forum Legend - Dalglish
      • *****

      • 6,782 posts | 1395 
      Re: FSG in talks to buy......
      Reply #2: Nov 16, 2021 08:31:53 pm
      Interesting acquisition. They aren't very good and the next couple of years will be big for the team as Crosby and Malkin age out and need proper replacements. They almost went bankrupt years ago and Lemieux came in and bought them (with another partner) saving the day, with the effects of covid probably making them want to sell.
      waltonl4
      • Forum Legend - Shankly
      • ******

      • 37,585 posts | 7139 
      Re: FSG in talks to buy......
      Reply #3: Nov 16, 2021 09:24:18 pm

      they must be feeling peckish
      -LFC-
      • Forum Legend - Fagan
      • *****

      • 4,136 posts | 1192 
      Re: FSG in talks to buy......
      Reply #4: Nov 16, 2021 10:11:46 pm
      I'm not massively arsed about baseball or naming teams after penguins but where are FSG getting the money from for this purchase?????
      Lallana in Pyjamas
      • LFC Reds Subscriber
      • ******
      • 12,479 posts | 3285 
      Re: FSG in talks to buy......
      Reply #5: Nov 16, 2021 10:16:21 pm
      I'm not massively arsed about baseball or naming teams after penguins but where are FSG getting the money from for this purchase?????

      Redbird buying a significant amount of FSG
      Salah10
      • Banned
      • *****

      • 1,224 posts | 200 
      Re: FSG in talks to buy......
      Reply #6: Nov 16, 2021 10:37:43 pm
      I'm not massively arsed about baseball or naming teams after penguins but where are FSG getting the money from for this purchase?????

      Liverpool Football Club and not buying players 🤣
      -LFC-
      • Forum Legend - Fagan
      • *****

      • 4,136 posts | 1192 
      Re: FSG in talks to buy......
      Reply #7: Nov 16, 2021 10:46:45 pm
      Redbird buying a significant amount of FSG

      Thank you, Ask Jeeves FSG version :laugh: Here's hoping they can find a few more quid for their prized asset if hundreds of millions of dollars can be found to invest in a failing baseball team with a ridiculous name.
      Lallana in Pyjamas
      • LFC Reds Subscriber
      • ******
      • 12,479 posts | 3285 
      Re: FSG in talks to buy......
      Reply #8: Nov 16, 2021 11:09:00 pm
      Thank you, Ask Jeeves FSG version :laugh: Here's hoping they can find a few more quid for their prized asset if hundreds of millions of dollars can be found to invest in a failing baseball team with a ridiculous name.

      It’s an Ice Hockey team and they have done well recently
      shabbadoo
      • Forum Legend - Shankly
      • ******

      • 29,420 posts | 4581 
      Re: FSG in talks to buy......
      Reply #9: Nov 17, 2021 12:55:09 am
      CT_LFC
      • Forum Legend - Dalglish
      • *****

      • 6,782 posts | 1395 
      Re: FSG in talks to buy......
      Reply #10: Nov 17, 2021 01:48:28 am
      Uhh 800M for a hockey team, the highest price ever for a NHL team, and it’s not even known how large their stake will be? Doesn’t sound like all that great of a deal.
      bmck
      • Forum Legend - Dalglish
      • *****

      • 9,404 posts | 1611 
      • YNWA
      Re: FSG in talks to buy......
      Reply #11: Nov 17, 2021 03:31:36 am
      Just seen the "NESV/Fenway Sports Group: Owners of LFC"  topic locked ?!? 
      Don't understand why that is. OK, it goes round in circles a bit, but why lock it?
      Don't think was abusive or anything.
      Dunno, we getting a bit woke...
      CT_LFC
      • Forum Legend - Dalglish
      • *****

      • 6,782 posts | 1395 
      Re: FSG in talks to buy......
      Reply #12: Nov 17, 2021 04:03:49 am
      Imo locking the FSG thread is a mistake because it’s not like that’s going to make the netspenders stop their crap, so they’ll just take it to the other threads which is to the detriment of the board. The best case scenario is the FSG thread becomes their little echo chamber thus leaving the rest of the board for discussion.
      FL Red
      • LFC Reds Subscriber
      • ******
      • 31,048 posts | 6294 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #13: Nov 17, 2021 04:24:45 pm
      I'd much rather have owners that were laser focused on running one sports team to the best of their ability. Adding a third really has to make you wonder where their loyalties and attention are going to lie.

      Which child do you love the most John?
      Redman7804
      • Forum Billy Liddell
      • ****

      • 570 posts | 267 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #14: Nov 17, 2021 04:26:52 pm


      Which child do you love the most John?

      The one with Benjamin Franklin’s face on
      waltonl4
      • Forum Legend - Shankly
      • ******

      • 37,585 posts | 7139 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #15: Nov 17, 2021 04:47:57 pm
      The one with Benjamin Franklin’s face on

      that's not love mate its worship.
      chats
      • LFC Reds Subscriber
      • ******
      • 31,018 posts | 2741 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #16: Nov 17, 2021 04:50:13 pm
      Imo locking the FSG thread is a mistake because it’s not like that’s going to make the netspenders stop their crap, so they’ll just take it to the other threads which is to the detriment of the board. The best case scenario is the FSG thread becomes their little echo chamber thus leaving the rest of the board for discussion.

      The irony of this :lmao:
      waltonl4
      • Forum Legend - Shankly
      • ******

      • 37,585 posts | 7139 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #17: Nov 17, 2021 04:55:56 pm

      suck it up mate history will eventually prove the doubters correct and the smell of profit will just be too much to refuse. Meanwhile we will need to jump through hoops to give Jürgen some quality players in January.
      David Wright
      • LFC Reds Subscriber
      • ******
      • 5,233 posts | 752 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #18: Nov 17, 2021 11:04:43 pm
      Seemingly FSG are skating on thin ice !
      bigbob75
      • Forum Legend - Benitez
      • *****

      • 1,264 posts | 280 
      • Let's talk about six
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #19: Nov 18, 2021 07:38:23 am
      Pucking hell!
      7-King Kenny-7
      • Lives on Sesame Street
      • LFC Reds Subscriber
      • ******
      • 44,014 posts | 5760 
      • You'll Never Walk Alone!
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #20: Nov 18, 2021 12:39:29 pm
      Don't really see the issue. They put virtually none of their own money in anyway, what is there that can actually change by them owning another team in another sport? Unless they are using the finances generated by Liverpool Football Club to help fund it then there is no problem.
      Think people tend to forget they are businessmen, like the majority of owners, they aren't in the sport for the love of it, it's to boost their own portfolio's and accounts.

      As long as it doesn't interfere in anyway with the football club, I couldn't really give a toss if they purchase the entire NHL.
      Lallana in Pyjamas
      • LFC Reds Subscriber
      • ******
      • 12,479 posts | 3285 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #21: Nov 18, 2021 01:52:48 pm
      Don't really see the issue. They put virtually none of their own money in anyway, what is there that can actually change by them owning another team in another sport? Unless they are using the finances generated by Liverpool Football Club to help fund it then there is no problem.
      Think people tend to forget they are businessmen, like the majority of owners, they aren't in the sport for the love of it, it's to boost their own portfolio's and accounts.

      As long as it doesn't interfere in anyway with the football club, I couldn't really give a toss if they purchase the entire NHL.

      That’s about the crux of it

      Them buying this NHL club has no bearing on us at all
      CT_LFC
      • Forum Legend - Dalglish
      • *****

      • 6,782 posts | 1395 
      Re: FSG in talks to buy Pittsburgh Penguins
      Reply #22: Nov 18, 2021 01:56:55 pm
      Don't really see the issue. They put virtually none of their own money in anyway, what is there that can actually change by them owning another team in another sport? Unless they are using the finances generated by Liverpool Football Club to help fund it then there is no problem.
      Think people tend to forget they are businessmen, like the majority of owners, they aren't in the sport for the love of it, it's to boost their own portfolio's and accounts.

      As long as it doesn't interfere in anyway with the football club, I couldn't really give a toss if they purchase the entire NHL.

      It's the typical overreaction of the fickle fan. Back when FSG bought Liverpool, i remember the outcry of Red Sox fans that their team was going to be decimated because FSG was going to focus on Liverpool. FSG is a portfolio of entities, of which there are 7 of them each of which are run independently and don't commingle. Buying the Penguins or any other sports team does not interfere with any of the other 7.

      Quick Reply