OL Groupe’s takeover of the National Women’s Soccer League’s Reign FC is expected to be complete, with the Washington state based club scheduled to make an announcement Thursday.
Reign FC announced last month it entered exclusive negotiations with the French company, parent of Olympique Lyonnais. Lyon’s women’s team is regarded as the most successful women’s club in the world. It is the 13-time reigning champion of the French league and has won the last four UEFA Champions League titles.
In addition to completing a stadium project, an immediate task for the Reign under new ownership will be hiring a head coach.