The Los Angeles women’s soccer franchise is the most valuable women’s sports franchise in the world.
Bob Iger is one of the most powerful figures in the media. The longtime Walt Disney Co. CEO and his wife, Willow Bay, the dean of USC's journalism school, appear to be close to striking a deal that would see them make a significant investment in a professional women's sports franchise. The pending investment from Iger and Bay would allow the couple to succeed Reddit co-founder Alexis Ohanian as Angel City FC's largest shareholder.
According to the Los Angeles Times, Ohanian raised concerns about the team's finances last year. The franchise's board then hired New York investment bank Moelis & Co. The previous valuation for a NWSL franchise was set in March by the San Diego Wave when the team sold for $120 million. Los Angeles was awarded the expansion team in 2020. Angel City FC kicked off their inaugural season in 2022.
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