Angel City FC is now the most valuable women's sports team in the world following an agreement by Willow Bay and Bob Iger to purchase a controlling stake in the franchise.
Wednesday, July 17, 2024 2:51PMAngel City FC is now the most valuable women's sports team in the world following an agreement by Willow Bay and Bob Iger to purchase a controlling stake in the National Women's Soccer League franchise at a $250 million valuation.
Bob Iger, left, and Willow Bay arrive at the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles.The transaction was unanimously approved by Angel City's board of directors and is expected to close in the next 30 to 60 days. Angel City's board will continue to include Natalie Portman, Julie Uhrman, Alexis Ohanian and Gillian Berry, according to the team.
The club has enjoyed success since its founding in 2020 and its first season in 2022. It sold more than 15,000 season tickets before playing a game, in a league that averaged fewer than 6,000 fans per game the year prior.
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