Tag: Michele Kang

For some, they represent a hyper-capitalist nightmare: private investors seeking to suck out the blood (or money) out of women’s football. For others, they’re an opportunity to make women’s football grow faster and more professionally. One way or another, they’re here to stay: Multi-club ownership (MCO) has, over the course of just a few years, become a global phenomenon in women’s football, and the trend is still accelerating. What does this mean for the future of the sport? A new look into the MCO universe, featuring new data and exclusive interviews with experts.

Michel Kang’s name rarely circulates quietly. The owner of Olympique Lyonnais and one of the most influential investors in women’s football is once again at the centre of speculation — this time linked to a potential move into Spain’s Liga F.

In 2025, women’s football entered uncharted financial territory. Transfer records fell three times in a single summer, and global spending soared by more than 700% in just four years — clear proof that the women’s game has become a global business as much as a sport.

American businesswoman Michele Kang aims to change women’s football business for good, creating the first multi-club group in the game. At OL Féminin, Kang aims to fundamentally change the way of thinking about women’s football, and has pioneered a new business model.