New owners to take over San Diego Wave by season's end after record sale

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New owners to take over San Diego Wave by season's end after record sale
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The San Diego Wave of the National Women's Soccer League will have new owners by the season's end following a sale the puts the club's value at $113 million, a person familiar with the agreement told The Associated Press.

The San Diego Wave of the National Women's Soccer League will have new owners by the season's end following a sale the puts the club's value at $113 million, a person familiar with the agreement told The Associated Press.

Lauren Leichtman and husband Arthur Levine manage the California-based investment firm Levine Leichtman Capital Partners. They will initially join as significant minority investors and acquire a majority stake at the end of the season. Current owner Rob Burkle will control the team until then.“We’re thrilled to welcome the Levine Leichtman family to the ownership group of the San Diego Wave," NWSL Commissioner Jessica Berman said in a statement to The Associated Press.

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