OL Groupe Sells Seattle Reign FC for $58 Million

The sale to a consortium including the Seattle Sounders and Carlyle marks a strategic shift towards men's soccer.

OL Groupe has agreed to sell Seattle Reign FC to a group including the Seattle Sounders and global investment firm Carlyle for $58 million.
The sale represents 97% of the club's share capital and is subject to approval by the NWSL and MLS Board of Governors.
OL Groupe acquired Seattle Reign FC in 2019 for approximately $3.5 million, marking a significant return on investment.
The transaction is part of OL Groupe's strategy to refocus its efforts on men's soccer.
OL Groupe is part of Eagle Football Holdings, controlled by American businessman John Textor, with stakes in other football clubs globally.