October 1 – Angel City Football Club continues to make sports and business news and next to the field in women’s football, with the latest headline announcing the arrival of four heavyweight investors.
NBA Great Chris Paul, co-founder of Horizon’s Ventures Solina Chau, organizational consultant Ina Coleman and entrepreneur producer Paul Bernon joins what is already a stars-littered retention of ownership.
Supported by actors Natalie Portman and Jennifer Garner, tennis icon Billie Jean King, and USWNT legends Mia Hamm and Abby Wambach, the club has tried to lead the National Women’s Soccer League (NWSL) with a mix of success on the field, commercial Savvy and Social Conscience.
In July 2024, Disney CEO Bob Iger and his wife, Willow Bay, acquired a majority stake in the club and appreciated it at $ 250 million.
The new investment has not been given value.
Angel City was at the top of the competition and involvement last year, while the club estimates that the club generated around $ 35 million in income, a number that would have been unthinkable in women’s football just a few years ago. This commercial muscles proves that investments and vision can and have changed women’s football into one of the most popular characteristics in American sport.
For Chris Paul, a 12-time NBA All-Star and Olympic champion, the attraction is in more than football. “Support for women’s sport and stimulating social impact goes hand in hand,” he said. His colleague investors reflect that Ethos brings worldwide innovation experts, Coleman Champions Equity and Representation with their own strengths such as Chau, and Bernon adds entrepreneurial influence in addition to his work in film.
The NWSL, once a fragile enterprise that fights for survival, is now a growing competition with a growing international profile. Angel City has created a powerful identity and commercial platform. In Los Angeles it has become a cultural force.
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