The Angel City Football Club is getting stronger financial wings, thanks to one of Los Angeles’ most prominent couples: Willow Bay, dean of USC’s Annenberg School for Communication and Journalism, and her husband, Walt Disney Co. Chief Executive Bob Iger.
The women’s soccer club on Wednesday announced an agreement with Bay and Iger, allowing them to join the club as controlling owners. As part of the arrangement, which is subject to the National Women’s Soccer League’s approval, the couple also agreed to provide $50 million in cash to expand Angel City FC’s budget and ease its losses.
Read more at the Los Angeles Times.