Exciting news from the world of sports and entertainment! Walt Disney Company CEO Bob Iger and esteemed journalist Willow Bay are set to become the new controlling owners of Angel City FC, the renowned National Women’s Soccer League team. In a powerful move that underscores their dedication to both sports and the Los Angeles community, the couple will acquire a controlling stake valued at $250 million.
Willow Bay, recognized for her role as the dean for communication and journalism at Southern California, will take the helm of the team’s board of directors. She will also represent Angel City FC on the NWSL’s Board of Governors, marking a significant milestone in the governance of the team. Bay’s deep involvement ensures that the team will continue to thrive under passionate and expert leadership.
The team has not only declared its value but has showcased incredible statistics that underscore its prominence. In 2023, Angel City FC led the NWSL in several key metrics, including attendance, sponsorship revenue, and total revenue. Additionally, they boast the largest season ticket membership among women’s teams worldwide, illustrating the immense support and popularity they enjoy.
This transition comes with the unanimous approval of the board and is expected to finalize within the next 30 to 60 days, pending customary closing conditions and approval from the NWSL. The dedication of Bob Iger and Willow Bay to the Los Angeles community has been evident through their decades of residency, leadership, and philanthropy in the city.
As the board of Angel City FC aptly put it, “Willow and Bob bring unparalleled operational experience, expertise, and passion to ACFC and to the NWSL. They’re lifelong sports fans who have been supporters of ACFC since the team’s founding.”
We’re eager to see how this dynamic duo will further elevate Angel City FC. What are your thoughts on this exciting new ownership? Share your comments below and don’t forget to spread the news!
Source: The Associated Press
