The valuation of the Fenway Sports Group-owned Boston Red Sox has remained ahead of Liverpool despite a challenging economic climate. The valuation of the Red Sox given by Sportico is two pronged, including the businesses that are related to the club and the real estate that it owns. FSG’s real estate portfolio has grown considerably around Fenway Park in recent years with a significant development currently in the works on streets around the stadium as well as the construction of a 5,000-seater music venue a short walk away from the Red Sox’s home that was opened last year. READ MORE:
The valuation of the Red Sox as a baseball club comes in at $4.18bn (£3.44bn), a figure less than the most recent $4.45bn (£3.66bn) valuation Forbes magazine had placed upon .
Of the related Red Sox businesses and real estate owners through Real Estate, that equates to $1.03bn of the total value. That figure places the Red Sox as the team with the highest value related team businesses, ahead of the New York Yankees, who despite their total valuation of $7.13bn have a valuation on their related businesses that stands at $990m.