Angel City FC set to become world’s most valuable pro women’s sports team following new investment

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Angel City FC (ACFC) will become the most valuable women’s professional sports team in the world, the club announced Wednesday.

Angel City FC will become the most valuable women’s professional sports team in the world, the club announced Wednesday. The professional soccer franchise is entering into a definitive agreement with Bob Iger and Willow Bay. The husband and wife will be the new controlling owners of the club which is said to soon be valued at $250 million. Bay is the Dean of the USC Annenberg School for Communication and Journalism in Los Angeles and Iger is CEO of the Walt Disney Company.

Working with the team and Board, and the incredible community of ACFC fans, we are committed to advancing the Club’s mission of driving equity on and off the field.” Angel City said the deal still needs to be approved by the league, but the transaction is “expected to close in the next 30-60 days.” NWSL commissioner Jessica Berman said the record deal will help the league push boundaries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines