The UEFA Women's Champions League (UWCL) made the first- and second-round qualifying draws for the competition's 2025/26 season on Tuesday, with clubs across Europe battling for the nine remaining tickets into the continental tournament's new 18-team league phase.
Along with 2024/25 UWCL champions Arsenal, eight other clubs earned automatic byes through to the league phase, including France's OL Lyonnes, WSL winners Chelsea FC, and last season's Champions League runners-up Barcelona.
Four more teams will join the nine automatic qualifiers via the 2025/26 competition's Champions Path, with the final five clubs coming from the League Path.
Under the tournament's new format, 46 winning teams from non-automatically qualified leagues will battle through the Champions Path, with an additional 22 non-league champions hoping to advance via the League Path.
Notable clubs like England's Manchester United, Sweden's Hammarby, and Italy's Roma will enter through the League Path, setting up tense battles as both parity and rising interest spreads through European women's leagues.
Regardless of Path, all first and second qualifying rounds will function as mini-tournaments with single-leg semifinals, a final, and a third-place match, all hosted by one of the participating clubs.
The winners will then advance to a third-and-final qualifying round, with the eventual nine victors guaranteed a spot in the UWCL League Phase while the runners-up head to the brand-new incoming UEFA Europa Cup competition.
The road to the 2025/26 Champions League trophy officially kicks off with first-round qualifying play on July 30th, with the competition's second round mini-tournaments set to begin on August 27th.
Though the NWSL hit the pause button this week, players worldwide are still on the move, as both European and US soccer teams use the midseason break to sharpen their lineups with international signings.
The NWSL has already seen one major departure, with the San Diego Wave announcing Monday that forward María Sánchez will return to her former Liga MX club UANL Tigres after nearly five years in the NWSL, with the Wave set to receive an undisclosed transfer fee in return.
"When the opportunity came to return to Tigres, I had to do a lot of inner searching, and I ultimately decided that returning to Liga MX Femenil and Tigres specifically was the best course of action for my career," the 29-year-old dual citizen and Mexico international player said in the Wave's release.
NWSL clubs are also setting their sights on European free agents, with the Washington Spirit bringing in Juventus forward Sofia Cantore last week — the first Italian signing in league history.
Also hopping aboard the player transaction carousel is new WSL side London City, with the top-flight debutantes inking OL Lyonnes midfielder and Dutch international Daniëlle van de Donk on Friday.
Meanwhile, van de Donk's wife and club teammate Ellie Carpenter is also potentially WSL-bound, with the defender reportedly nearing a deal that would see the Australian join Chelsea FC in return for the Blues sending Canadian international Ashley Lawrence to OL Lyonnes.
For their part, OL Lyonnes picked up defender Ingrid Engen from Barcelona as a free agent last week, adding the Norwegian international after snagging French forward and PSG's all-time leading scorer Marie-Antoinette Katoto earlier this month.
With the most recent NWSL CBA abolishing traditional trade windows, expect even more international signings and roster reshufflings before the league resumes play on August 1st.
Women's teams are big business, with global sports business conference SPOBIS International reporting this week that average WNBA franchise valuations rose to $90 million in 2024, while NWSL clubs weighed in at $104 million — doubling their 2023 mark.
In May, the reigning WNBA champion New York Liberty sold shares at a $450 million valuation, qualifying them as the world's most valuable women's sports team.
SPOBIS's top five includes the WSL's Chelsea FC ($326 million) alongside NWSL side Angel City FC ($250 million), the WNBA's Dallas Wings ($208 million), the Kansas City Current ($182 million), and the Las Vegas Aces ($140 million).
US women's sports teams hold a key advantage in the race to the top of the valuations table, with WNBA and NWSL squads able operate independently from men's systems.
Having separated from their men's side last year, Chelsea FC was the only non-US team to make the list, bolstered by Reddit co-founder Alexis Ohanian's $26.6 million purchase of a 10% stake in the 2024/25 WSL champs last month.
Other European teams in line for similar value boosts include OL Lyonnes and the London City Lionesses, both independently owned and operated by Washington Spirit owner Michele Kang.
With many factors contributing to a team's overall value — namely capital, media deals, viewership, ownership structures, and popularity — it's tough to predict the next big thing in women's sports, but these numbers point to a red-hot market across major pro leagues.
Incoming Matildas boss Joe Montemurro revealed a new setback in the return of Australia captain Sam Kerr from injury on Monday, disclosing that the Chelsea striker has recently undergone an additional surgery unrelated to her January 2024 ACL tear.
"I think there were some complications," Montemurro told Australia's Channel 10 about the 31-year-old attacker's status this week. "There was a subsequent intervention, but I do believe she is now back running."
"It was something completely different [to the ACL injury]. I think the knee is fine," Montemurro continued.
Montemurro, who took the reins of the Matildas this week following a year-long stint leading European club titan OL Lyonnes, did not detail a specific timeline for Kerr's return.
However, the Australia captain is likely to miss the world No. 16 team's upcoming three summer friendlies against No. 38 Slovenia and No. 57 Panama.
That said, though Montemurro has yet to directly connect with Kerr, the Australia boss did state that "there's nothing to worry about, she's on track."
"By all reports, she's focused on getting back and she's focused on being back at her best, knowing that there's an exciting tournament coming up," the new Matildas manager said, referencing the 2026 Asian Cup.
"So with that attitude, I expect to see a fantastic Sam Kerr."
Another Washington Spirit coach is departing DC, with multiple weekend reports linking current manager Jonatan Giráldez to the newly opened head coaching job at French Première Ligue side OL Lyonnes.
According to The Athletic, Giráldez will step away from the Spirit in June, with assistant Adrián González — who led Washington as interim manager prior to Giráldez's mid-2024 arrival — set to take over the NWSL squad on July 18th.
The move follows additional reports that first-year OL Lyonnes boss Joe Montemurro is Australia-bound after agreeing to head up his home country's national team, the Matildas.
Spirit coach swap raises questions for multi-team owner Kang
With Giráldez jumping from one Michele Kang-owned team to another, the former Barcelona manager's European return raises questions about Kang's multi-club ownership model — and concerns about the future of injured Spirit star Trinity Rodman, who recently took leave from the NWSL to seek treatment overseas.
"We are not going to sacrifice one team to make another team successful. Absolutely not," Kang told Forbes in 2024 interview. "Our goal is to make every team the champion in each of their leagues."
In addition to the Spirit and OL Lyonnes, Kang's Kynisca corporation also owns recently promoted WSL side London City Lionesses.
The Spirit has weathered big changes before, but Kang's involvement in this particular personnel swap will face critique should Washington lose pace later this season.
The 2024/25 UEFA Champions League final kicks off on Saturday, as underdogs Arsenal and defending champs Barcelona each chase history in a head-to-head clash at Estádio José Alvalade in Lisbon, Portugal.
The Spanish titans aren't just hunting their third European championship in a row — a victory keeps Barcelona's hopes of completing a second straight quadruple alive with their Copa de la Reina finale looming next month.
To do so, however, they'll have to outlast the only English team to ever lift the European trophy, a feat Arsenal accomplished back in 2007.
Making their first Champions League final in 18 years, this season's Gunners are scrappy, boasting an explosive offense that led the league in scoring behind joint-WSL Golden Boot winner Alessia Russo.
The WSL runners-up bounced back from three first-leg deficits against Häcken FC, Real Madrid, and OL Lyonnes en route to the championship match — leading Barcelona star midfielder Aitana Bonmatí to call their appearance "a surprise."
"They absolutely deserve it, because scoring four goals against [eight-time Champions League winners] Lyon in the second leg is not easy at all," the back-to-back Ballon d'Or winner told ESPN. "I congratulate them for that because I think it was a big surprise, but a well-deserved one."
On Saturday, the pair will square off for the first time since 2021, when Barcelona defeated Arsenal twice in Champions League group-stage play.
"It's going to be a tough game — it's a final," said Barcelona defender Caroline Graham Hansen. "You just have to be prepared to leave your heart and soul out there and see who the better team on the day will be."
How to watch the 2024/25 UEFA Champions League final
Arsenal and Barcelona will battle for European glory at 12 PM ET on Saturday, with the Champions League grand finale streaming live on DAZN.
France's Olympique Lyonnais is now OL Lyonnes, with team owner Michele Kang announcing the Lyon rebrand of the world's most successful women's soccer club on Monday.
In an effort to distance themselves further from the men's side while still paying homage to the team's home of Lyon, the now-independent club merged the word "lionne," French for lioness, with the city's name.
Along with the new name, OL Lyonnes has a refreshed crest, departing from the club's traditional lion and instead opting for a gold-crowned, blue- and yellow-maned red lioness posed mid-roar.
"This is not about just a name change and some graphic changes," Kang told reporters on Monday. "This is about giving the most successful women's team in the world its own platform, its own identity."
"We’re not a subset of the men's team. We are a standalone force."
New facilities to fuel continued OL Lyonnes dominance
The team, whose roster includes USWNT captain Lindsey Heaps, has a history of setting the standard for what's possible on the women's pitch.
The eight-time Champions League winners scored their 18th Division 1 Féminine championship in 19 years on Friday, boosting the 21-year-old club's tally to a world record-extending 39 titles.
Kang literally bought in on that success, purchasing the club last August, pulling it under the umbrella of her global multi-team organization Kynisca Sports International alongside the NWSL's Washington Spirit and newly promoted WSL side London City.
The rebrand is just one part of Kang's next steps with OL Lyonnes, with the billionaire investor also committing to financing the renovation of the club's boys' academy training facilities to turn them into a new performance center designed specifically for women's soccer athletes.
While the club is aiming for a July 2026 opening of that training center, OL Lyonnes will have a more immediate upgrade for matchdays, with Kang stating that all future games will take place in the 59,186-seat Groupama Stadium — a venue with nearly 39 times the capacity of the nearby 1,524-seat Stade Gérard Houllier that served as the team's primary home pitch.
"From day one, I was impressed with how the women's team has achieved this kind of success with the amount of resources that was available to them," said Kang during the Monday announcement.
"The best team in the world... playing the majority of games at a training center. It is unfitting," Kang told the Associated Press. "We want our fans to be part of our journey, part of our community and you can't achieve fan engagement by constantly switching back and forth."