Washington Spirit co-owner Steve Baldwin told investors that he plans to sell his stake in the club, per an email obtained by the Washington Post.
“I have heard the calls for change. I understand that many of our fans, players, and investors feel that the club requires new leadership, direction, and energy. And I agree,” Baldwin wrote in the email.
A specific buyer was not named nor did the email say that one had been chosen. Instead, he wrote “a sale process for the club has commenced in earnest.”
The move comes less than a week after The Athletic reported that he made and then rescinded an offer to fellow co-owner, Y.