• Loading stock data...
Wednesday, October 29, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

OL Reign Becomes Third NWSL Club Currently For Sale

  • Raine Group has been hired to lead OL Groupe’s sale process of OL Reign.
  • The Seattle-based Reign join the Portland Thorns and Chicago Red Stars as NWSL clubs seeking new owners.
NWSL has three teams up for sale.
Stephen Brashear-USA TODAY Sports

Seattle-based NWSL club OL Reign is up for sale.

OL Groupe has hired The Raine Group — which is also involved in the ongoing sale process of Manchester United — to find a buyer.

French newspaper L’Équipe reported Wednesday that OL Groupe agreed to sell a majority stake in its French women’s soccer team Olympique Lyonnais to American businesswoman Michele Kang, who also owns the NWSL’s Washington Spirit. 

OL Groupe responded with a statement noting that the report held “inaccurate information” and no such agreement was in place to sell Olympique Lyonnais. In the same statement, OL Groupe announced its attempt to sell OL Reign. 

An NWSL spokesperson said the league is aware of OL Groupe’s interest in selling the Reign and will “work closely with them to ensure any potential owner(s) are aligned with our league’s vision and values,” according to The Athletic. 

The club joins the Chicago Red Stars and Portland Timbers as NWSL clubs on the market. Upward of 10 suitors are interested in bidding for the Red Stars, with a deal aimed at being finalized this spring, while a group led by former Nike executive Melanie Strong has expressed interest in buying the Thorns and their Portland Timbers MLS affiliate.

Both the Red Stars and Thorns are seeking new buyers after their incumbent owners dealt with investigations into team coaches abusing NWSL players.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

WNBA Proposes 30-Day Extension on CBA Negotiations

The CBA expires Oct. 31; a deal is not expected by then.
Napheesa Collier

WNBA, Players Remain Far Apart With CBA Deadline Days Away 

A union lawyer says a deal will not be reached by Friday.
Alexis Ohanian

Alexis Ohanian: Angel City Ownership Setup Was a ‘Terrible Idea’

He admits that the NWSL club’s governance was a disaster.

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.

Dodgers Depth, Blue Jays Glue Guys Are Defining the World Series

Yamamoto, Smith, and Glasnow are playing key roles for MLB’s top spenders.
Fred Warner
October 25, 2025

Most of the 49ers’ Record Cap Number Isn’t on the Field

The 49ers are winning despite ranking 31st on spending on active players.
October 26, 2025

Blue Jays’ World Series Run Is Just Part of Rogers’ Big Sports..

Buying more MLSE equity and a recapitalization of sports assets are planned.
Sponsored

Why Alexis Ohanian Is Betting Big on Women’s Sports

Alexis Ohanian reflects on his evolution from Reddit cofounder to one of today’s most dynamic sports investors.
Oct 23, 2025; Toronto, ON, Canada; Signage in place on the dug out before game one of the World Series between the Los Angeles Dodgers and Toronto Blue Jays at Rogers Centre.
October 24, 2025

World Series Viewership Will Be Different This Year

The Canadian presence in the World Series creates a unique viewership situation.
Tom Dundon
exclusive
October 22, 2025

Sale of Trail Blazers to Tom Dundon Will Take Multiple Years to..

Dundon is buying the team at a $4.25 billion valuation.
October 18, 2025

Financial Behemoth Dodgers Win NL Pennant, Eye History

The biggest spenders would be MLB’s first repeat champion in 25 years.
October 16, 2025

For Yankees, It May Be ‘Business As Usual,’ but Title Drought Lingers

GM Brian Cashman says a salary cap is not at the forefront of his mind.