Sidley Austin LLP represented a diverse investor group led by Laura Ricketts and other prominent Chicago women business and civic leaders in its acquisition of the Chicago Red Stars National Women’s Soccer League (NWSL) franchise, which values the franchise at $60 million. The new ownership group led by Ricketts, which is one of the most diverse ownership groups in professional sports, promises a culture of excellence and accountability and plans to focus on improving player facilities and the fan experience.