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FOX: Red Sox Owners "Mulling" Sale Of Franchise

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Presswire

The FOX Business Network is reporting that they have learned about Fenway Sports Group's potential interest in selling the Boston Red Sox. FOX:

The team is owned by the Fenway Sports Group, which also owns the English football team Liverpool FC. While no final decision has been made 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.

Current ownership is reportedly putting out feelers to potential buyers, for what would be a staggering price, likely in the same realm as the recent sale of the Los Angeles Dodgers. Forbes values Boston at $1 billion, but, according to FOX, the price tag for this sale is $1.3 billion. Freeing themselves from the Red Sox -- and with the influx of resources brought on by a sale -- John Henry and Co. would have far more they could use to bolster Liverpool.

There's also the matter of the 80 percent ownership stake in NESN, but it's a bit too early to be worrying about that, especially with Red Sox ownership denying that the team is for sale at present. This is going to be a story to watch, though.