OL Groupe confirms Reign FC takeover in $3.5m deal

OL Groupe, the parent company of French women’s soccer team Olympique Lyonnais Féminin, has agreed to take over National Women's Soccer League team Reign FC in a $3.51m deal.

The agreement is expected to close next month, pending approval by the NWSL board of directors. Talks between the two parties began in November.

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