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Angel City ‘hires bank to start sales process’ five months after $180m valuation: NWSL club’s high-profile owners include Serena Williams, Natalie Portman, Eva Longoria, Abby Wambach and America Ferrera


  • Angel Town FC went 8-7-7 terminating season sooner than shedding within the playoff quarterfinals 
  • Investor Alexis Ohanian rest the biggest shareholder within the NWSL franchise
  • DailyMail.com supplies the entire untouched global sports activities information 

Angel Town FC – the NWSL’s highest-valued franchise – might quickly be beneath fresh possession.

On Friday, Sportico reported that the membership leased Moelis & Corporate to start out the gross sales procedure. Resources stated the verdict follows stress between board contributors over staff governance.

Alexis Ohanian rest the biggest shareholder within the membership. The volume of fairness to be had on the market rest dense. The staff additionally has 3 co-founding companions – Kara Nortman, Natalie Portman, and Julie Urham – and dozens of famous person traders, additional complicating issues.

Prime-profile traders come with tennis legend Serena Williams; pop stars Christina Aguilera and Becky G; actresses Jessica Chastain, Jennifer Garner, America Ferrera and Eva Longoria; activist Billie Jean King; WNBA celebrity Candace Parker; former NHL participant PK Subban; skier Lindsey Vonn; and previous USWNT stars Abby Wambach, Mia Hamm, Shannon Boxx, and Julie Foudy.

Angel Town FC didn’t reply to DailyMail.com’s request for a remark. Ohanian, on the other hand, advised Sportico that he’s now not promoting his fairness.

Angel City ‘hires bank to start sales process’ five months after 0m valuation: NWSL club’s high-profile owners include Serena Williams, Natalie Portman, Eva Longoria, Abby Wambach and America Ferrera

The NWSL’s Angel Town FC reportedly began a gross sales procedure in seek for fresh possession 

The Los Angeles-based club has three co-founding owners including actress Natalie Portman

The Los Angeles-based membership has 3 co-founding homeowners together with actress Natalie Portman

Tennis legend Serena Williams is also one of Angel City FC's many celebrity investors

Tennis legend Serena Williams could also be one in all Angel Town FC’s many famous person traders 

The team finished last season with a 8-7-7 record before losing in the playoff quarterfinals

The staff completed terminating season with a 8-7-7 report sooner than shedding within the playoff quarterfinals

In keeping with assets, Moelis’ mandates come with permission from all 4 number one homeowners to buy a stake that holds board keep an eye on. Future a offer isn’t assured, it’s also conceivable that the method may just yielding an investor who does now not purchase a board keep an eye on stake.

A part of the friction revolved round staff operations and funds, in line with assets.

Angel Town, by way of a long way, has the best earnings within the league era spending probably the most cash. Sportico values the membership at a league-high $180m. A sale will most likely all set the NWSL report for the best valuation in a big transaction.

In keeping with Sportico’s numbers, the staff made $31m in earnings terminating life. The San Diego Flow got here 2d with $16.3m, era best two alternative golf equipment earned greater than $10m.

Sportico’s assets stated the franchise’s possession construction additionally added to the strain. Ohanian contributed the biggest fraction of the price range upon the membership’s forming in 2020. On the other hand, he didn’t secure a majority of fairness or board keep an eye on.

The staff boasts the likes of Alyssa Thompson, Sydney Leroux, and Christen Press and went 8-7-7 terminating season sooner than shedding within the NWSL playoffs quarterfinals to the OL Reign.



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