The most expensive takeover in the history of women’s professional sports has been completed after the NWSL formally ratified the $250m purchase of a controlling stake in Angel City FC to Bob Iger and Willow Bay.
Iger, the chief executive of Walt Disney, and television journalist Bay are also injecting an additional $50m into the club, which was only founded in 2020 by a group including the Hollywood actor Natalie Portman and venture capitalists Kara Nortman and Alexis Ohanian.