Willow Bay and Bob Iger Acquire Controlling Stake in Angel City FC for $250 Million

Sports | July 17, 2024, 11:44 a.m.

Bob Iger, CEO of The Walt Disney Co., and his wife, Willow Bay, are set to acquire a controlling stake in Angel City Football Club, the world's most valuable women's professional sports team. The couple has agreed to an investment that values the team at $250 million, with an additional $50 million planned for future growth. Meeting NWSL bylaws, Bay will join the ACFC board with full control. This move reflects the explosive growth in women's sports and the NWSL, with ACFC leading in revenue, attendance, and sponsorship. The ACFC Board of Directors believes Bay and Iger are the perfect partners to drive the team's mission of advancing equity for athletes and women-founded businesses. This acquisition marks a monumental step for women's sports, positioning Angel City FC as a cornerstone in the industry under their expert leadership.