Professional Sports Ownership & The Fenway Sports Group
Ian Charles is the founder and Managing Partner of Arctos Sports Partners, a private equity platform dedicated to the professional sports industry and sports franchise owners. Sam Kennedy is the longtime President and CEO of Arctos portfolio company, Fenway Sports Group.
FSG is a twenty-year-old global sports, marketing, media, entertainment and real estate portfolio that has taken cherished and iconic sports clubs to new heights. The business includes ownership of the Boston Red Sox, Liverpool Football Club, and Pittsburgh Penguins, and a series of related real estate and media assets.
The conversation covers the Fenway Sports Group holdings, business drivers, and attractiveness as an investment. They discuss Arctos’ sourcing, underwriting, and perceived risks of the deal, and then turn to Sam’s operating strategy, tuck-in acquisition of the Pittsburgh Penguins, importance of fielding winning teams, impact of private institutional capital, capital structure, on-field product, and future plans.
Disclaimer
The material provided is for informational purposes only. It is not meant to be considered advice or a recommendation to buy or sell any securities. One Charles Private Wealth Services, LLC is an investment adviser registered with the Securities & Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of One Charles Private Wealth Services by the Commission nor does it indicate that One Charles Private Wealth Services has attained a particular level of skill or ability