The parent company of French football 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 on Monday and the transaction is expected to be completed on Jan. 31.
Lyon play in Ligue 1 on the men's side and Division 1 Feminine on the women's side and have 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...