According to the team, Bay and Iger will acquire the controlling stake in the team 'at an Enterprise Value of $250 million,' which will make the team the highest-valued women's sports team.
Walt Disney Co. CEO Bob Iger and his wife Willow Bay, dean of the USC Annenberg School for Communication and Journalism, will be the new controlling owners of Angel City Football Club, sinking enough money into the team to make it the "most valuable women's sports team in the world," the club announced Wednesday.
"We know they are the right partners to lead us into this new era -- they are committed to further strengthening ACFC's position as a preeminent organization and brand in women's sports and to championing the team's broader mission, including the advancement of equity for athletes and women-founded businesses. With their leadership, we will continue to harness the industry's momentum and build on ACFC's strong foundation of fan and community support.
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Willow Bay and Bob Iger to buy controlling stake in women's Angel City Football ClubWillow Bay and Bob Iger are investing more than $100 million into the women's soccer club. 'Women's sports is having a culture-defining moment,' Bay said.
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Willow Bay, Disney CEO Bob Iger take majority stake in Angel City FCAngel 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.
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Willow Bay, Disney CEO Bob Iger take majority stake in Angel City FCAngel 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.
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Bob Iger, Willow Bay agree to buy Angel City women’s soccer team in $250M dealThe agreement for the Los Angeles-based Angel City Football Club is the highest valuation ever for a professional women’s team, a sign of the growing popularity of female sports.
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Bob Iger and wife Willow Bay will be Angel City FC controlling ownersThe Angel City Football Club is getting new controlling owners, Disney CEO Bob Iger and USC Annenberg School for Communication and Journalism Dean Willow Bay.
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Disney CEO Bob Iger, Willow Bay reportedly nearing Angel City FC dealThe move would give the Iger-Bay group a majority stake of the local NWSL franchise, with a league-record $250 million valuation in its third season
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