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Portlandthornsfc

All articles tagged with #portlandthornsfc

"Bhathal Family Acquires NWSL's Portland Thorns for $63 Million"
sports2 years ago

"Bhathal Family Acquires NWSL's Portland Thorns for $63 Million"

The Portland Thorns FC has been sold to RAJ Sports, owned by the Bhathal family, for $63 million. The NWSL board of governors approved the sale, with Lisa Bhathal Merage set to be the controlling owner. The Bhathals have pledged to keep the team in Portland and are planning to build a new training facility while maintaining operational support from the Timbers organization during the transition. The sale follows a period of scrutiny for the Thorns due to systemic abuse investigations within the NWSL. The Bhathal family, with existing sports and real estate investments, aims to strengthen the team's future and rebuild trust with supporters.

"Bhathal Family's RAJ Sports Secures Portland Thorns FC in $63 Million Purchase"
sports-business2 years ago

"Bhathal Family's RAJ Sports Secures Portland Thorns FC in $63 Million Purchase"

RAJ Sports, led by Lisa Bhathal Merage and Alex Bhathal, has completed the acquisition of Portland Thorns FC from Peregrine Sports LLC, with Lisa becoming the controlling owner and NWSL Governor. The Bhathal family, with a diverse portfolio in sports team ownership, plans to advance the club by building a new training facility and leveraging their experience in sports and real estate. The Thorns will continue to play at Providence Park, and the NWSL has expressed enthusiasm for the growth potential under the new ownership.