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Why Angel City’s $250 million sale is just the start of women’s football’s M&A boom

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IMAGO | Angel City FC defeder Madison Hammond sends a head ball toward goal against San Diego Wave FC

Last month’s $250 million sale of Angel City FC sets a new benchmark for the valuation of women’s sports teams, showcasing the immense economic potential in women’s football.

A new report highlights other M&A deals in women’s football with four digit returns on investment, while huge growth in attendances and broadcast deals promise an explosion in economic growth.

Why it matters: The Angel City sale is not just an isolated case but part of a broader surge in the popularity and commercial viability of women’s football, evidenced by increasing attendance, viewership and strategic investments.

The perspective: While women’s football shows significant growth, there are challenges like ensuring equitable resources and maintaining competitive integrity.

2 August 2024 - 12:04 PM

Last month’s acquisition of Angel City FC by Willow Bay and Bob Iger has positioned the National Women’s Soccer League (NWSL) club as a flagship example of the huge growth potential of women’s football.  

The $250 million valuation not only makes Angel City the most valuable women’s sports team globally and nets its outgoing owners a colossal return on investment (seed investment in 2020 was just $20 mill

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