(Providence, RI) -- A founding partner of the 50 billion dollar Providence Equity Group is preparing to join the Pawtucket Red Sox ownership group. The team is negotiating with the state for 75 million dollars in subsidies for a new stadium. GoLocal.com reports that Paul Salem attended a private meeting with the team's Larry Lucchino and Governor Raimondo yesterday. If Salem joins the ownership group, the investment is personal and not an investment of Providence Equity.