On Friday, Ottawa’s professional women’s soccer team revealed a new majority ownership group.
Leading the ownership of the Ottawa Rapid is chair Nick Sakellariadis, a graduate of Harvard in law and business, who boasts an extensive career in investment banking and over ten years of experience as an owner of the Cincinnati Reds affiliate located in Dayton, Ohio.
The Dayton Dragons, under his guidance, have maintained a sellout streak that has lasted almost the entire century. Sakellariadis’s group divested to Diamond Baseball Holdings, a powerhouse in minor league baseball, about a year ago, yet he continues to serve as co-executive chair.
Joining him in the new Arcadia MapleLeaf Soccer group are Michael Savit, another former owner of the Dragons, and Ellen Shumway, who brings her expertise in finance and consulting to the team.
According to the team’s announcement, “The ownership group is dedicated to establishing Ottawa Rapid FC as a community-oriented, family-friendly institution focused on fans — one that also cultivates dynamic role models, enhances Ottawa’s position in the ongoing development of women’s soccer in Canada, and fortifies the pathway from youth involvement to professional success.”
The Rapid did not reveal the investment amount. However, current owners will remain involved and are also increasing their investment in the team.
In its inaugural season, the Rapid reached the Northern Super League semifinal. DB Pridham, who is presently with Canada’s national team, was honored as the league’s player of the year, while Jyllissa Harris earned the title of defender of the year.
Ottawa kicks off its 2026 season in Halifax on April 25, with the home opener scheduled for May 2.