This morning, the board of directors for Angel City FC unanimously approved the sale of the controlling stake in the club to Disney CEO Bob Iger and his wife, Willow Bay, who is the dean of the USC Annenberg School for Communication and Journalism. The valuation was $250 million, with another $50 million committed investment. That makes Angel City the most valuable women’s franchise in the world. Bay will serve as the primary governor for the club on the NWSL board. Founders Natalie Portman and entrepreneurs Kara Nortman and Julie Uhrman and early investor and current board member Gillian Berry will remain on the board. Primary investor Alexis Ohanian is out. When he provided the initial funding, and was the controlling owner, he did not set himself up with control of the board. The Wall Street Journal reported this week that there have been battles over spending between Ohanian and club President Uhrman. Earlier this year, the club hired an investment bank to find a new controlling owner.