FSG set to sell Penguins in $1.7B deal

Liverpool’s owners make another big move off the ice

Fenway Sports Group is close to a $1.7 billion sale of the Pittsburgh Penguins to investor David Hoffmann’s Chicago-based group, per reports. The NHL confirms talks continue under Gary Bettman’s watch.

FSG bought the team for $900 million in 2021—proof that their portfolio multiplies faster than a referee’s whistle after a missed penalty!