Nov 10, 2024; Washington, District of Columbia, USA; Washington Spirit crew proprietor Michele Kang appears on from the sphere earlier than a 2024 NWSL Playoffs quarterfinal match in opposition to Bay FC at Audi Discipline. Obligatory Credit score: James A. Pittman-Imagn Pictures Michele Kang will make investments $30 million in U.S. Soccer over 5 years, making the Washington Spirit’s proprietor the largest contributor ever to woman’s and girls’s soccer initiatives by the nationwide program.
The donation is the most important ever to U.S. Soccer by a girl.
Kang not solely is the proprietor of the NWSL’s Spirit, she additionally is almost all proprietor of girls’s soccer groups Olympique Lyonnais Feminin in France and London Metropolis Lionesses in England.
Investments in ladies’s sports activities are nothing new to Kang, who donated $50 million in July for girls’s well being initiatives in sports activities, then donated $4 million to the U.S. ladies’s rugby sevens program after the Paris Olympics, whereas additionally creating her personal sports activities science nonprofit.
Kang initially bought a 35-percent stake within the Spirit in 2020 then turned the bulk proprietor in 2022 for a $35 million funding. The membership will face the Orlando Pleasure on Saturday for the NWSL title.
The 65-year-old is the founder and CEO of Cognosante, a medical expertise firm. In Might, Cognosante was acquired by Accenture Federal Providers for an undisclosed sum.
Kang’s Kynisca Sports activities Worldwide, which was launched in July and primarily based in London, invested $2 million on Oct. 31 in IDA Sports activities, which is growing footwear for feminine athletes.
In January, Kang joined the possession group of the Baltimore Orioles.
–Discipline Degree Media
