A group of private equity moguls, including Bain Capital’s Steve Pagliuca, already owns the Boston Celtics. And Tom Gores of Platinum Equity controls the Detroit Pistons alongside his firm. Since 2002, the principal owner of the Boston Red Sox has been John W. Henry, who took over Liverpool Football Club in the fall of 2010.
How might you be supporting a billionaire's trophy properties in our PEU world?
Update 4-19-22: A Russian oligarch put Chelsea FC up for sale and one bidder is U.S. oligarch Bain Capital's Steve Pagliuca. Carlyle's David Rubenstein may team up and bid for the Washington Nationals MLB team.
