Pens for Sale Again - Fenway Group

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DumlinBumlinStumlin
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Pens for Sale Again - Fenway Group

Post by DumlinBumlinStumlin » Wed Jan 29, 2025 4:43 pm

Fenway Group wants out of their share

https://www.audacy.com/podcast/the-fan- ... sale-720c4

Hung on to the old Stars way way too long.

Buyers Remorse?
Should allow Sid to take some ownership to have him around / ops of team
Product is shit on ice and the gate


Tomlin PC 1/11/25 -“Don't blink. If you're a blinker cut your eyelids off"

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jeemie
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Post by jeemie » Wed Jan 29, 2025 8:04 pm

No they are selling a minority stake.

They aren't bailing....they're trying to generate more cash.

Kinda like the Rooneys did with the Steelers in the early 2010s.
“Yeah we suck, be there is a chance we could suck slightly more if we try to correct the problem.” - Art Deuce (summarized by SteelPerch)

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DumlinBumlinStumlin
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Post by DumlinBumlinStumlin » Thu Jan 30, 2025 2:12 pm

when i posted this it was being discussed like they wanted to either sell some stake or get out completely but youre right, it's to divest to more investment
https://www.wpxi.com/news/local/fenway- ... 2EW4ZXH5M/

there is a team across the state i wish be sold
Tomlin PC 1/11/25 -“Don't blink. If you're a blinker cut your eyelids off"

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Dan Smith--BYU
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Post by Dan Smith--BYU » Wed Feb 26, 2025 7:03 pm

If I had any sports franchise I would sell all of it.

The Soto contract is the high water mark for franchise valuation.

The current situation with pro teams is unsustainable, which is why they are pushing gaming.
The surest way to corrupt a youth is to instruct him to hold in higher esteem those who think alike than those who think differently.

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