LOS ANGELES (AP) \u2014 Angel City FC announced Wednesday that Walt Disney Company CEO Bob Iger and Southern California dean for communication and journalism Willow Bay will be the new controlling owners of what the franchise calls the most valuable women\u2019s sports team in the world.<\/p>\n\n\n\n
The married couple will acquire the controlling stake of the of the National Women\u2019s Soccer League team at a value of $250 million. Bay will serve on and fully control the team\u2019s board of directors and will represent the team on the NWSL\u2019s Board of Governors.<\/p>\n\n\n\n
ACFC said it generated the highest revenue of any women\u2019s team in the world in 2023, led the NWSL in attendance, sponsorship revenue and total revenue, and has the largest season ticket membership.<\/p>\n\n\n\n
The team said the transaction was unanimously approved by its board and is expected to close in the next 30 to 60 days. The transaction is subject to customary closing conditions, including the approval of NWSL.<\/p>\n\n\n\n
\u201cWillow and Bob bring unparalleled operational experience, expertise, and passion to ACFC and to the NWSL,\u201d the board said in a statement. \u201cThey\u2019re lifelong sports fans who have been supporters of ACFC since the team\u2019s founding. They are deeply committed to the Los Angeles community, having been residents, leaders, and philanthropists in the city for almost three decades and have a long track record of dedicating their time and resources to support local Los Angeles organizations.\u201d<\/p>\n\n\n\n
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