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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. The Los Angeles-based club’s record valuation is a landmark moment for women’s football and more than doubles the previous record price for the sale of a NWSL team, when San Diego Wave was sold in March for around $113m.
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