Washington Spirit owner Michelle Kang has struck a deal to lead an international multi-team women's soccer organization that will include her National Women's Soccer League team and French club Lyon.
Kang's agreement with OL Groupe and Eagle Football Holdings, OL Groupe's majority owner, was announced Tuesday.
"This deal represents a major step forward in the history of women's professional football," Kang said in a statement. "It brings together the unparalleled tradition of the 8-time Champions League winning OL Féminin and the dynamism of the 2021 NWSL Champion Spirit to usher our sport into a new era."
Kang will become the majority owner and CEO of the new organization. She will also join OL Groupe's board of directors.
The organization plans to eventually expand to include other international clubs.
The all-stock deal comes after American businessman John Textor bought a majority stake in Lyon under his Eagle Football Holdings in December. Textor also has a stake in Crystal Palace.
Lyon's women will continue to use OL Groupe facilities, including Groupama Stadium.
OL Groupe announced last month that it intends to sell the NWSL club OL Reign. The Seattle-based Reign are among three NWSL clubs currently up for sale, including the Chicago Red Stars and the Portland Thorns.
The deal is subject to approval by the NWSL and is expected to close at the end of June.
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A second Australian teenager who fell critically ill after drinking tainted alcohol in Laos has died in a hospital in Bangkok, her family said Friday, bringing the death toll in the mass poisoning of foreign tourists to six.
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A senior official says the Canadian government is not aware of any evidence linking Indian Prime Minister Narendra Modi to alleged criminal activity perpetrated by Indian agents on Canadian soil.
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In his column for CTVNews.ca, Washington political analyst Eric Ham argues U.S. president-elect Donald Trump's controversial cabinet nominees are useful pawns meant to be sacrificed for a more bountiful reward down the line.
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Ticket fraud and sky-high prices for Taylor Swift concerts have some politicians calling for changes to the way tickets are sold in Canada.
Drinking just 25 to 90 ml (0.7 to 3.0 ounces) of methanol can be fatal without proper medical treatment, but can be successfully treated if caught early.
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A coffee shop in Middleborough, Massachusetts, went viral overnight for offering free coffee to customers who entered the shop while dancing.
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The first day of 2025 Budget deliberations at city hall saw a pair of high-priced programs supported by council – but only after finding ways to keep the cost off property tax bills.
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The Hurricanes launched a three-game road trip south of the border Wednesday dropping a 4-0 game to the league-best Everett Silvertips.
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