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    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

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    North Star Sports & Entertainment Network: Coming soon – KTTC News

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    Trump’s Narrow Window to Spread the Truth About Harris

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    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

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    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    • Trump Inauguration
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    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

    How AI and HPC Are Driving Explosive Growth in Fast, Low-Power Memory Technologies Through 2034

    Ostin Technology (OST): Volatility’s Warning or Contrarian Opportunity? – AInvest

    Ostin Technology (OST): Navigating Market Volatility – Red Flag or Hidden Opportunity?

    St. Francis Medical Center brings advanced robotic surgery technology to Northeast Louisiana – KNOE

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    Wayve Expands Engineering Leadership to Power Next-Gen Autonomous Driving Technology – Silicon Canals

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    • Nintendo Switch
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Bob Iger, Willow Bay Acquire Controlling Stake in Angel City Football Club

July 17, 2024
in Entertainment
Bob Iger, Willow Bay Acquire Controlling Stake in Angel City Football Club
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Willow Bay and her husband Bob Iger have acquired control of Los Angeles women’s soccer franchise Angel City FC, the team announced Wednesday.

Bay, Dean of the USC Annenberg School of Journalism, and the Disney CEO nearly doubled the value of the franchise with a pre-capital valuation of $250 million and an investment of over $50 million. Even before the investment, the club was considered the worlds most valuable women’s sports franchise.

Bay will control the ACFC Board of Directors, and serve as the controlling owner for National Women’s Soccer League purposes and represent Angel City on the organization’s Board of Governors.

“Willow and Bob bring unparalleled operational experience, expertise, and passion to ACFC and to the NWSL,” the team’s board said. “They’re lifelong sports fans who have been supporters of ACFC since the team’s founding. They are deeply committed to the Los Angeles community, having been residents, leaders, and philanthropists in the city for almost three decades and have a long track record of dedicating their time and resources to support local Los Angeles organizations.”

Iger and Bay replace Reddit co-founder Alexis Ohanian as the team’s controlling shareholders. Other notable shareholders include Natalie Portman, Eva Longoria and soccer star Mia Hamm.

Angel City FC generated the most revenue in the league last year, bringing in $31 million, but it is also facing substantial expenses, with profitability still out of reach. The acquisition comes amid a broader push for investment and coverage in women’s sports, spurred by the popularity of athletes like Caitlin Clark.

The franchise was launched four years ago by Portman, venture capitalist Kara Nortman, and entrepreneur Julie Uhrman. The majority of investors in the soccer team are women, making it the largest female-led ownership group in professional sports history.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TheWrap – https://www.thewrap.com/bob-iger-willow-bay-angel-city-football-club-investment/

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