According to the team, Bay and Iger will acquire the controlling stake in the team 'at an Enterprise Value of $250 million,' which will make the team the highest-valued women's sports team.
Walt Disney Co. CEO Bob Iger and his wife Willow Bay, dean of the USC Annenberg School for Communication and Journalism, will be the new controlling owners of Angel City Football Club, sinking enough money into the team to make it the "most valuable women's sports team in the world," the club announced Wednesday.
"We know they are the right partners to lead us into this new era -- they are committed to further strengthening ACFC's position as a preeminent organization and brand in women's sports and to championing the team's broader mission, including the advancement of equity for athletes and women-founded businesses. With their leadership, we will continue to harness the industry's momentum and build on ACFC's strong foundation of fan and community support.
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