NWSL’s Reign to be sold to Olympique Lyonnais owners

The parent company of French soccer club Olympique Lyonnais is in exclusive talks to purchase Reign FC of the National Women’s Soccer League.

The OL Groupe and the Reign announced the deal Monday and the transaction is expected to be completed on Jan. 31.

Olympique Lyonnais, more commonly known as Lyon, plays in Ligue 1 on the men’s side and Division 1 Feminine on the women’s side. Lyon has won six women’s Champions League titles.

Current Reign owners Bill and Teresa Predmore will retain a minority stake in Reign FC. Bill Predmore will serve as CEO of the team.

Reign FC made the NWSL playoffs for the second straight season this year and coach Vlatko Andonovski was named the league’s Coach of the Year.