The National Women’s Soccer League Board of Governors announced on Saturday that it unanimously approved the leadership changes and makeup within Washington Soccer Properties ownership group, which manages the Spirit.
Co-owner Y. Michele Kang made a move to gain majority voting interest earlier this month, reportedly convincing eight debt-holders to convert their debt to equity. The most notable was Devin Talbott, who reportedly sold his stake “in the form of his note” to Kang, and now, she reportedly owns more shares than Steve Baldwin and Bill Lynch own as individuals, per The Athletic.