2023-05-16 21:04:04
A few days after the departure of Jean-Michel Aulas is replaced by John Textor, and three days after the victory in the Coupe de France against Paris (2-1), Olympique Lyonnais announced on Tuesday that it had reached an agreement with the woman businessman Michele Kang. The latter will integrate the club eight times winner of the Champions League into a multi-club women’s football structure, of which it will be the majority shareholder and president. It will include the Washington Spirit, which she already owns.
The filing is expected to be completed by the end of June 2023, as the transaction is subject to certain conditions, “including the approval of the National Women’s Soccer League (NWSL) in the United States and obtaining various third-party authorizations in France”. , specifies the press release signed by OL Groupe and YMK Holding. “This agreement represents a major step forward in the history of professional women’s football,” said Michele Kang.
OL Reign will be sold
If a new independent identity will be created, each club will still retain “its own established identity, respecting its heritage and its community of supporters” can we read in the text.
Economically, this should be beneficial to the various institutions since, “significant investments will be devoted centrally to the development of resources shared between all the teams of the group, such as performance science and technology, data analysis, recruitment world, and the development of sports personnel”, describe the stakeholders.
Michele Kang does not want to stop there, “the new organization aims to acquire additional clubs in other countries in Europe, South America and Asia. However, OL Reign, a club owned by OL Groupe and which plays in the North American championship, will be sold to avoid any conflict of interest. The Jean-Michel Aulas era is already far away.
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