fifteen area women investors join forces to support Cleveland’s NWSL expansion bid

Cleveland NWSL bid falls short, seeks future team

Ken Prendergast / December 17, 2024

Denver appears to have outbid its nearest rivals, including Cleveland and Cincinnati, for the 16th expansion team in the National Women’s Soccer League (NWSL). A Denver-based ownership group is reported to be exclusively negotiating a $105 million to $120 million fee to land the team — or roughly double the previous record high expansion fee of $53 million paid last year by a Boston group.

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15 women investors back Cleveland’s NWSL bid

Cleveland Soccer Group (CSG), which submitted a bid for Cleveland to be awarded a National Women’s Soccer League (NWSL) expansion team, announced today that it is being backed by a group of 15 local, influential businesswomen as investors. However, the money they have raised thus far has not be publicly disclosed. If successful, this would be Ohio’s first women’s professional soccer team.