"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.