In a collective statement, the ACFC board said: “Willow and Bob bring unparalleled operational experience, expertise, and passion to ACFC and to the NWSL. We know they are the right partners to lead us into this new era—they are committed to further strengthening ACFC’s position as a preeminent organization and brand in women’s sports and to championing the team’s broader mission, including the advancement of equity for athletes and women-founded businesses.”
Leadership and Representation
Willow Bay will serve on and have full control of the ACFC board, act as the controlling owner for NWSL purposes, and represent ACFC on the NWSL’s board. Following the closing, ACFC’s board will continue to include actor Natalie Portman and entrepreneur Julie Uhrman, two of the team’s co-founders in 2020; Reddit and 776 founder Alexis Ohanian, the club’s founding controlling owner; and Gillian Berry, an early investor, according to the statement.
Financial and Strategic Advisers
Moelis & Co. LLC is serving as the exclusive financial adviser to ACFC, and The Levinson Group is serving as the strategic communications adviser. Allen & Co. LLC is the financial adviser to Bay and Iger.
Willow $250M Deal For Angel City Football Club : Legal Counsel Details
The Paul Weiss team advising ACFC’s board is led by corporate partner Neil Goldman. The Sidley team advising ACFC is led by M&A and entertainment, sports, and media-focused partners Eric Geffner and Charles Baker. Additional counsel team information was not immediately available.
