With $250 Million Takeover, Angel City FC Is Now World's Most Valuable Women's Team

In an outstandingly organised landmark deal, the most surprising yet awaited outcome came out when Willow Bay, the dean of the USC Annenberg School, and her husband, Bob Iger, CEO of the Walt Disney Company, agreed to acquire a controlling stake in Angel City FC that values the club worth $250 million as announced on July 17. This comes on the heels of a string of excellent indicating valuations among the sports teams of women all around in the leagues from the NWSL to the WNBA.

Angel City's backstory of growth

Originally, Knort and Jurhman had dreamt up this magnificent concept for Angel City during a backyard pick-up game at Shelley Zali's home. Robynmward and Shelley had gathered women in venture capital each month to play basketball together. Weareangel City was founded in 2020 and has experienced extremely outstanding growth year over year.

“As fans and friends of ACFC, we are thrilled to join this team as owners at this historic moment in sports,” Bay said in Wednesday's statement. ACFC and these incredible athletes have already had a tremendous impact on the NWSL, women’s soccer, and the Los Angeles community.

Angel City said that the deal still needs to be approved by the league, but the transaction is “expected to close in the next 30-60 days.” Adding to this, NWSL commissioner Jessica Berman the record deal will help the league push boundaries.

Despite the incontestable excellence performed by female athletes all across the world, there is still a massive disparity and gap in the wage and pay of these women players as well as the media coverage and the sponsorships or collaborations that they receive in comparison to other men players around the globe. Therefore, this is considered a very gigantic and courageous step towards the right direction and path that holds the potential to make a change.