Sounder at Heart · Apr 18, 2023
Who might buy OL Reign?
Photo by Terrence Vaccaro/NBAE via Getty ImagesFollowing the surprise news last week that OL Groupe has hired an investment group to advise them on a potential sale of OL Reign as part of a larger restructuring in the wake of OL Groupe’s takeover by John Textor, the obvious question has been who or what group should purchase the Reign? We can likely rule out the Predmore family reacquiring majority control, since they sold control of the team to OL Groupe when it became apparent they could not keep up with the financial demands of a rapidly growing league and needed additional investment, and there’s no indication their net worth has suddenly increased 100-fold.