Financial reports released by Angel City FC

Bob Iger and Willow Bay Acquire NWSL's Angel City FC for $250 Million, Invest $50 Million More

Jul 17, 2024, 01:03 PM

Walt Disney CEO Bob Iger and his wife, Willow Bay, have acquired a controlling stake in the Los Angeles women's soccer team, Angel City Football Club, at a valuation of $250 million. The couple will also invest an additional $50 million into the team. This acquisition marks the highest valuation ever for a women's professional sports team, making Angel City FC the most valuable women's sports team in the world. Willow Bay, who is the dean of the USC Annenberg School for Communication and Journalism, expressed excitement about the future growth and success of the team, describing the deal as 'breathtaking and only the beginning of the ascent.' Angel City FC, part of the NWSL, has generated the highest revenue of any women's team globally, further solidifying its leading position in women's sports.