Angel City FC officially announces Disney CEO Bob Iger and Willow Bay as new controlling owners WFTV [Video]

It’s official: Angel City FC is bringing in new club leadership, welcoming Disney CEO Bob Iger and his wife Willow Bay as controlling owners, pending NWSL approval. The club announced the news Wednesday, confirming reports of the sale from a couple of weeks ago.

Bay and Iger will acquire the controlling stake with a value of $250 million, with the plan to invest an additional $50 million, per a press release from Angel City. Bay, the Dean of the USC Annenberg School for Communication and Journalism, will control Angel City’s board of directors and will represent the club on the NWSL’s board of governors.

According to the press release, the new investment will make ACFC the most valuable women’s sports team globally. Although it’s a difficult statement to check, given that valuations of women’s professional teams are a recent and still emerging development, the value surpasses the most valuable franchise in the WNBA (the Las Vegas Aces, at $140 million, per …