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Who is the “Moneyball” guy Billy Beane and why is he teaming up with Liverpool FC’s owner Fenway Sports Group?




Liverpool owners can add another football club on the European continent to their sports roster. Negotiations were reported between Fenway Sports Group (FSG) and the Red Ball Acquisition Corp, founded by Billy Beane, who bought a 25% stake in FSG. The deal aims to make Liverpool owners the most powerful international sports conglomerate and will raise the FSG’s valuation to $ 8 billion.

Bean is the Vice President of Baseball Operations and a minority shareholder in Oakland Athletics. In addition, the 58-year-old woman is also a minority shareholder of Eredivisie’s Barnsley FC and AZ Alkmaar. Prior to management, Bean was an outfielder for the New York Mets, Minnesota Twins, Detroit Tigers, and Oakland Athletics.

After switching baseball kits to a front office career, Bean was known for applying statistical analysis (known as Sabermetrics) to baseball, and the team began to rethink how players were evaluated. It was. He was also the protagonist and subject of Michael Lewis’ 2003 book on baseball economics, Moneyball. The book later became a feature film in which Brad Pitt played Bean.

RedBall was founded in 2020 by Beane with Gerry Cardinale, the founder of private equity firm RedBird Capital Partners. Raised approximately $ 575 million in August to acquire a sports franchise. Former Premier League Executive Chairman Richard Skudamore has been appointed to the Redball Board of Directors. Liverpool’s John Henry and Bean have a good relationship and have been friends for a long time. Baseball fans and those who have seen “money balls” will be familiar with it.

In 2002, Bean was asked by Henry for a $ 12.5 million offer to become the GM of the well-known MLB team Boston Red Sox, but he was able to continue working with Oakland Athletics under his command. Was refused. Henry has sought beans since he became prominent in Moneyball’s publication detailing the transformation of Athletics into a powerhouse, despite his microscopic budget.

According to Talksport, he was also involved in British football and was the brain who recommended Damian Komori as Liverpool’s first football director shortly after the club was acquired by FSG in 2010.

As the conversation between the FSG and Red Ball evolved, the site added that beans would have to move away from athletics and quit sports altogether to avoid conflicts of interest. As part of the merger, he focused on expanding interest in other Fenway sports, including the Boston Red Sox and the Roush Fenway Racing NASCAR team.

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