Lyon broadcasts the sale of US girls’s group OL Reign for €53.6 million TERMAN WEBSITE

OL Groupe has introduced the sale of its US girls’s group Seattle Reign FC (previously referred to as OL Reign) to a bunch that features the Seattle Sounders and the Carlyle International Funding Firm. 

It is a transfer that can see Olympique Lyonnais obtain round $58 million for the group, which at present stands at round €53.6 million, and is a part of the administration’s wider technique to “Refocus” on the boys’s soccer group. 

Seattle Reign have introduced that they count on the deal to be accomplished in early 2024 with the transaction at present topic to approval by the NSWL and the MLS Board of Governors. 

This sale has been anticipated since OL Groupe ceded management of their girls’s group, Olympique Lyonnais Féminin, to businesswoman Michele Kang. 

It’s because Kang already owns the American group Washington Spirit, and subsequently the group must launch management of their Seattle group as a result of two golf equipment competing in the identical league can’t be owned by the identical particular person. 

GFFN | Nick Hartland