Todd Spangler NY Digital Editor Kicking women’s soccer to new heights, Willow Bay and her husband, Disney chief Bob Iger, clinched a deal to acquire a controlling stake in Los Angeles pro team Angel City Football Club.
Iger and Bay, who is the dean of the USC Annenberg School for Communication and Journalism, will become the new controlling owners of Angel City FC following the closing of the transaction.
The deal gives Angel City FC an enterprise value of $250 million — which the team said makes it the most valuable women’s sports team in the world.
Bay and Iger will invest an additional $50 million into the team. Reports of the couple’s nearing a deal to acquire the team emerged earlier this month.
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