NWSL side Reign FC have announced that they are in negotiations to sell the club to OL Groupe, owners of Olympique Lyonnais, with the deal expected to be closed by the end of January.
Lyon's women's team have dominated European football for most of this decade, winning six Champions League titles – including the last four in a row – and are favourites to repeat their success again this season.
Reign FC majority owners Teresa Predmore and Bill Predmore will keep a minority stake in the club, with the latter expected to continue as CEO. Reign are looking to rebuild this off-season, after head coach
“Our ambition has always been to operate the best women’s football club in the world,” Bill Predmore said in a club statement. “This is a distinction long held by OL, making them the perfect organisation to help us achieve our long-term objectives for the club.”
Reign made the semi-final stage of the NWSL playoffs for the second straight season, losing 4-1 after extra time to eventual champions
Wales international Jess Fishlock has played for Reign since the club's beginning in 2013, and won the Champions League on loan at Lyon last season – and said of the news: