An application of fungicide should be enough to get rid of red thread, although your lawn may take a few weeks to fully recover from this common lawn disease.
How to Identify and Control Red Thread
Red String Bracelet Meaning: Cultural Symbolism & More
Red Thread in Turf NC State Extension Publications
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Red Thread in Your Lawn. How to Identify and Correct It.
Red Thread Turf Disease
Red Thread in Turf NC State Extension Publications
Seeing Red: What You Can Do to Protect Your Lawn From a Common Turf Threat
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Remove facial thread veins
Thread algae in the aquarium, how do you get rid of it?