Michele Kang’s worldwide soccer portfolio retains rising. The proprietor of the NWSL’s Washington Spirit was named the president of the Olympique Lyonnais French males’s membership on Monday, the group introduced.
Ms. Kang already owns the Olympique Lyonnais ladies’s group, which was rebranded “OL Lyonnes” in Could. Now she inherits the accountability of steering a males’s membership that was relegated final week from Ligue 1, the highest French league, as a consequence of monetary issues.
In a corresponding transfer, the soccer mogul was named the CEO of Eagle Soccer Group, which owns the Olympique Lyonnais males’s group.
“We’re getting into a vital second for OL,” Ms. Kang stated in a press release.
The 66-year-old has constructed a rising sports activities empire during the last 5 years. She purchased an preliminary stake within the Spirit in 2020 earlier than shopping for a majority share in 2022. She turned a board member with Eagle Soccer Group in 2023 and acquired a controlling stake in OL Lyonnes later that 12 months.
Ms. Kang made headlines in November after donating $30 million to the U.S. Soccer Federation — the most important present within the group’s historical past — to broaden the variety of improvement camps for ladies and ladies.
