In March 2024, Angel Metropolis FC’s board had reportedly agreed to promote its controlling stake. And the most recent discourse on Angel Metropolis, probably the most priceless NWSL group, is that Disney CEO Bob Iger and his spouse Willow Bay are shut to buying the membership’s controlling stake. Now, Angel Metropolis’s controlling stakeholder Alexis Ohanian has damaged his silence concerning the quite a few speculations on his membership. Ohanian didn’t hesitate to say that the reviews round his membership’s sale are “false.”
Ever since phrase obtained out that the Disney CEO is eyeing Angel Metropolis’s controlling stake, reporters appear to have relentlessly tried to get Alexis Ohanian’s phrase on the identical. Right here is how Ohanian responded. “For all the reporters who keep reaching out: when I bought the franchise to launch @weareangelcity in 2019, I didn’t set up board control for myself. (One of many hard lessons I learned as a first-time sports team owner). But as I’ve said from jump, I’m not selling any shares in the team–dunno why I keep seeing false reports,” Alexis Ohanian wrote on X.
For all of the reporters who maintain reaching out: after I purchased the franchise to launch @weareangelcity in 2019, I didn’t setup board management for myself. (One among many onerous classes I realized as a first-time sports activities group proprietor). However as I’ve mentioned from leap, I’m not promoting any shares in…
— Alexis Ohanian 🇦🇲 (@alexisohanian) July 3, 2024
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Alexis Ohanian is Angel Metropolis’s founding proprietor. He’s additionally the membership’s largest shareholder. Nonetheless, the Reddit founder doesn’t have absolute management over the membership’s board. In the meantime, the membership’s main house owners, Natalie Portman, Kara Nortman, Julie Urhman, and Ohanian, have been okay to promote the membership’s controlling stake in March. It’s maybe due to this plan to promote that the rumored Disney takeover of Angel Metropolis grew to become the speak of the city. Although Ohanian has dismissed these reviews, allow us to discover what’s going to change in Angel Metropolis, if the rumored Disney takeover ever materializes.
Extra about Disney’s rumored takeover of Angel Metropolis
Semafor reported that Bob Iger and Bay Willow are planning to take a position greater than $50 million to purchase the LA-based membership’s controlling stake. This implies Alexis Ohanian would now not be the membership’s controlling stakeholder. The Semafor report additionally added that the Bay-Iger group laid out its plans for Angel Metropolis FC. They reportedly plan to speed up the group and the league’s development, prioritize Angel Metropolis as a chief model in ladies’s sports activities, and ship earnings, amongst others. Notably, Bob Iger and Bay Willow have been additionally noticed throughout Angel Metropolis’s latest loss to the Orlando Delight on Sunday.
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Anyhow, now that Serena Williams’ accomplice Ohanian has deemed these speculations false, the Disney takeover would maybe die down as a rumor. Nonetheless, it nonetheless stands that the membership’s main house owners gave the blessing for a stake sale in March. Due to this fact, it stays to be seen if the ball will come again to the Disney group’s court docket as soon as once more. As of now, Angel Metropolis is the NWSL’s most useful membership with a valuation of $250 million.