Willow Bay, and her husband, Disney CEO Bob Iger, are nearing a deal to purchase control of Angel City FC. Angel City is seeking a woman owner, the source told ESPN, stressing Bay\'s role in the deal. The couple intends to purchase control of the club from Reddit founder Alexis Ohanian, who is the husband of Serena Williams.
The club\'s current valuation is $250 million, and the Iger and Bay proposal would bring the new valuation to $300 million. The team has three co-founding partners -- Kara Nortman, Natalie Portman and Julie Uhrman. Other investors include Eva Longoria and former United States women\'s national team stars Abby Wambach and Mia Hamm.