Willow Bay and Bob Iger Acquire Majority Stake in Angel City FC, Valued at $250M
TL;DR Summary
Bob Iger and Willow Bay are taking a controlling stake in Angel City FC, valuing the team at $250 million. They will invest an additional $50 million for the club's growth. Bay will have full control of the board. The move comes amid rising interest and investment in women's sports, with Angel City FC leading in revenue and attendance. Existing owners, including notable sports icons, will remain involved.
- Willow Bay, Bob Iger to take controlling stake in NWSL's Angel City FC at a $250 million valuation CNBC
- Bay, Iger finalize majority stake in Angel City ESPN
- Disney CEO Bob Iger And Willow Bay Take Majority Stake In Angel City FC In Deal That Makes It The Most Valuable Women’s Sports Team In The World Deadline
- How Angel City became 'the most valuable women’s sports team in the world' The New York Times
- Willow Bay and Bob Iger agree to acquire Angel City FC in landmark women's sports deal Axios
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
85%
444 → 68 words
Want the full story? Read the original article
Read on CNBC