In early 2023, OL Groupe announced that they have retained the services of Raine Group to identify a buyer for OL Reign, the NWSL club they purchased a majority stake in late 2019. The sale comes as Lyon gains new ownership under John Textor, with a different vision for multi-team ownership, and means another rebrand for the Seattle-area club.
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OL Groupe to sell OL Reign
A three-year international project comes to an end.
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May 19
Timeline: OL Groupe puts OL Reign up for sale
The key dates that led John Textor to purchase OL Groupe and then sell OL Reign.
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May 16
Michele Kang takes control of Lyon women in new global multi-club group
OL Reign sale process still ongoing with local buyers interested.
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