Boston Celtics Sold for Record $6.1 Billion to Investment Consortium

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Boston Celtics Sold for Record $6.1 Billion to Investment Consortium
Photo: Charles Krupa/AP/TT

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The venerable NBA club Boston Celtics is being sold for a record sum of 6.1 billion dollars, equivalent to approximately 62 billion Swedish kronor, reports a number of local media outlets, including the Boston Globe and Boston Herald.

The buyer is a consortium consisting of, among others, the venture capital firm STG Partners and its founder Bill Chisholm, as well as the investment firm Sixth Street, a minority owner of, among others, Barcelona and Real Madrid.

The current owners purchased the club for 360 million dollars in 2002, but announced as early as last summer that the club was for sale, just two weeks after becoming NBA champions for the 18th time.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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