LadyStanley
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Amid board squabbles, Angel City seeking new owner for controlling stake of franchise
Angel City FC is seeking a new majority owner, and more funding, amid reported tension among some of the team's board members.
sports.yahoo.com
The team’s four primary owners voted to have Moelis & Co. seek an investor that would assume control of Angel City’s board, which has reportedly been at odds for months over spending.
But Sarah Harden, a media entrepreneur and one of Angel City’s earliest investors, characterized the search for a new controlling owner as fundraising.