OL Groupe: The Raine Group investment bank appointed to sell the OL Reign franchise (NWSL)

"OL Groupe has given a mandate to The Raine Group investment bank to sell its NWSL franchise OL Reign," announced Olympique Lyonnais (Ligue 1 Uber Eats) on 12/04/2023.

"Olympique Lyonnais is pleased and proud to have been able to build OL Reign's new foundations, to have contributed to its sporting success, but also to have brought the team back to Seattle (USA) to its fans and community, as OL Groupe had committed to do when acquiring the franchise in 2019," said the club.

Olympique Lyonnais also responded to an article published by the French daily L'Equipe, claiming that the American businesswoman Michele Kang, a "friend" of John Textor, the new majority shareholder of OL Groupe via Eagle Football, is set to take control of the club's women's team (D1 Arkema) by 30/06/2023. "OL denies the inaccurate information reported by L'Équipe about a possible sale of its women's team, as allegedly announced to the players by Vincent Ponsot on Monday 10/04/2023. The situation described in a deleted part of the article published at 17:52, which has not been verified, is factually and formally…