Michele Kang, owner of the Washington Spirit, announced a $25 million investment to U.S. Soccer at the SheBelieves Summit, totaling $55 million aimed at enhancing women's soccer. This investment supports U.S. Soccer's professionalization efforts across various levels, from talent development to administrative roles. Kang also plans to integrate her Kynisca Innovation Hub, focused on improving female athlete training, into U.S. Soccer's Soccer Forward Foundation, which aims to create a unified platform for advancing women's soccer through research, innovation, and collaboration. This initiative aligns with the broader goals of enhancing support for female athletes and expanding opportunities.
Kang remains as the owner of the similarly named Kynisca umbrella operation, which holds majority ownership in the NWSL's Washington Spirit, French women's powerhouse Lyon, and English second-tier side London City Lionesses.
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