The stake held by Red and White Holdings Limited could see them seek a seat on the Arsenal board - and a return for Dein.

BBC: Arsenal bullish over ?200m income

Times Co. began trying to sell its stake in the Red Sox and related properties in late 2008 when steep declines in revenue at its core newspaper business were threatening the company's ability to manage its debt.

WSJ: Times Co. Sells Part of Stake in Red Sox

Until recently Vinik, who also owns a minority stake in the Boston Red Sox, has had an incredible run as a hedge fund manager.

FORBES: The Henry Curse: A New Sports Jinx Hits Hedge Fund Team Owners