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Chicago Red Stars Sold to Laura Ricketts-Led Investor Group

CHICAGO, ILLINOIS - SEPTEMBER 18: Laura Ricketts, co-owner of the Chicago Cubs stands on the field prior to a game between the Chicago Cubs and the Colorado Rockies at Wrigley Field on September 18, 2022 in Chicago, Illinois. (Photo by Nuccio DiNuzzo/Getty Images)
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Overview

  • A group of Chicago businesswomen, led by Laura Ricketts, has purchased the NWSL's Chicago Red Stars.
  • The new ownership group includes 11 businesswomen, one man, and a family office.
  • The sale comes after Red Stars players urged previous owner Arnim Whisler to sell due to his enabling of abusive coach Rory Dames.
  • Whisler confirmed in December 2021 that he would sell the club.
  • The sale is pending final approval from the NWSL Board of Governors.