Women’s Lyon is passed into the hands of American businessman Michele Kang

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He lionessone of the most successful clubs in Europe, became the property of an American businesswoman Michele Kang, following a share exchange agreement with the current owner, also an American John Textor.

The current major shareholder will contribute to its women’s team and Michele Kang most parts of the Washington Spirit “to create a new independent entity.”

Lyon will retain 12% of the capital of this new structure, which will seek to find common synergies on both sides of the Atlantic through “significant investments” to be made “centrally” and “development of shared resources” .

In particular, they will share knowledge in science and technology, data analysis, world signing and personal sports development, they added.

The new structure will seek other clubs in Europe, South America and Asia

Source: La Verdad

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