"Fenway Sports Group had been actively looking to buy a second club for the last two years, analyzing up to 25 clubs, including Bordeaux, Getafe, and Malaga."
"Michael Edwards emphasized the importance of acquiring and overseeing an additional club, stating that investment and expansion of the current football portfolio is necessary to remain competitive."
Fenway Sports Group has decided not to pursue a multi-club ownership model after nearly two years of analysis. Initially, they aimed to acquire a second club to enhance scouting networks and commercial opportunities. Up to 25 clubs were considered, including Bordeaux, Getafe, and Malaga. The return of Michael Edwards in 2024 had raised expectations for this expansion, but recent confirmations indicate that these plans are no longer active and unlikely to be revisited soon.
Read at www.fourfourtwo.com
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