NWSL’s Angel City sold for record-breaking $250m to Disney CEO Bob Iger
by Tom Garry from US news | The Guardian on (#6QGCA)
- Club becomes most valuable in women's sports history
- Sale more than doubles previous NWSL record
The most expensive takeover in the history of women's professional sports has been completed after the NWSL formally ratified the $250m purchase of a controlling stake in Angel City FC to Bob Iger and Willow Bay.
Iger, the chief executive of Walt Disney, and television journalist Bay are also injecting an additional $50m into the club, which was only founded in 2020 by a group including the Hollywood actor Natalie Portman and venture capitalists Kara Nortman and Alexis Ohanian.
Continue reading...