""It's an incredible honor to join Angel City FC as an investor and owner," Paul said in a statement. "Being able to join ACFC is not only an amazing opportunity, it's a chance to support women's sports and help drive positive change.""
""I am delighted to join Angel City's ownership group and to be part of a movement reshaping what's possible in sports, equality, and community," Chau said in a statement. "Angel City's commitment to advancing women, building inclusive communities, and disrupting the status quo deeply resonates with my values. Together, I believe we can set new standards for what a purpose-driven sports team can accomplish -- both in LA and around the world.""
Angel City FC added four minority investors: NBA forward Chris Paul, billionaire Solina Chau, consultant Ina Coleman, and entrepreneur Paul Bernon. Chris Paul is a 12-time NBA All-Star and two-time Olympic gold medalist who framed his investment as an opportunity to support women's sports and drive positive change. Solina Chau, with a reported net worth near $3 billion, noted her firm's early investments in Facebook, Spotify and Zoom and praised Angel City's commitment to equality and community. Willow Bay and Bob Iger are the club's principal owners, and the team carried a $250 million valuation last year. The ownership roster includes celebrities and activists such as Natalie Portman, Jennifer Garner, America Ferrera, Uzo Aduba, Eva Longoria, and Billie Jean King.
Read at ESPN.com
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