Korean-American businesswoman Michelle Kang, 67, is set to become the owner of Olympique Lyonnais, a prominent French professional football club. Kang previously held the position of president at the club. This acquisition marks a significant development for the historically successful Lyon, which has faced recent financial difficulties. Details regarding the financial terms of the ownership transfer have not been disclosed. Kang’s investment is expected to revitalize the club and restore its competitive standing in French and European football. The move signifies growing investment in European football by non-European owners. Kang’s appointment is anticipated to be officially announced shortly.