Red Sox

McAdam: What the plan to take the Red Sox public does — and doesn’t — mean

(Chris Brunskill/Getty Images)

According to numerous reports, the Red Sox are in discussions to partner with a private equity firm to publicly trade about one quarter of the franchise's parent ownership group.

Under the plan, approximately 25 percent of Fenway Sports Group -- which counts among its holdings the Red Sox, Fenway Park, NESN, Roush Racing Group and Liverpool Football Club - would be sold to Red Ball Acquisitions, which would then publicly trade its shares.

It's a complicated deal, potentially worth billions, and it should be pointed out that the deal is reportedly in the discussion stages. It's far from a done deal.

But if it is ultimately consummated, it would have a wide-ranging impact, some of which can't yet be fully known.

For now, here's what we know to be true....and false.

1. No, John Henry is not selling the Red Sox.