Portland Thorns add Columbia Sportwear CEO, co-owner of Phoenix Suns as investors

The Portland Thorns announced Thursday the addition of several new investors into the club.
Published: May. 23, 2024 at 9:19 AM PDT

PORTLAND, Ore. (KPTV) - The Portland Thorns announced Thursday the addition of several new investors into the club.

The club says the new group of investors was assembled by an alternate investment platform Revitate. The FC governor says they are thrilled to welcome the investors that will bring new insight and expertise into the team.

The new group of investors include:

  • Sam Garvin, Co-Owner, Phoenix Suns
  • Tim Boyle, CEO, Columbia Sportswear
  • Nehal Raj, Co-Managing Partner, TPG
  • Kunal Merchant, Partner and COO, Revitate
  • Josh Childress, CEO, Landspire Group and former NBA player

Boyle released a statement on Thursday saying:

“In the little over a decade since the Portland Thorns FC began to compete as an inaugural member of the NWSL, the Thorns have been reflective of Portland and enhanced its reputation as the home of strong, “tough” women, as Gert “One Tough Mother” Boyle would say. I’m incredibly proud to join with Lisa, Alex, and my other partners in helping the club further its considerable positive impact in our community both on and off the pitch.”

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According to the Thorns, the investors will support the club’s growth plans both on and off the pitch, including buildout of new business and philanthropic initiatives, and development of a new state-of-the-art training facility.