The Reign was purchased by OL Groupe in 2019 for approximately $3.5 million.
SEATTLE — OL Groupe, the holding company organized around seven-time French champion Lyon, on Monday said it has signed an agreement with a group including the Seattle Sounders and global investment firm Carlyle for the sale of Seattle Reign FC.
The holding company said it will sell its entire stake, representing 97% of the club’s share capital.
“The sale price is $58 million for 100% of the shares,” OL Groupe said.
It said the transaction is subject to approval by the National Women’s Soccer League and Major League Soccer
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