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All-star investors including Natalie Portman, Reddit co-founder take stake in new LA women's soccer expansion team

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The club will be the first majority women-owned team.
Women’s soccer is coming to Los Angeles.
The National Women’s Soccer League, or NWSL, has added an expansion team in Los Angeles led by top venture capitalists, including Kara Nortman, Julie Uhrman and Reddit co-founder Alexis Ohanian, and Hollywood celebrities. The new club, announced on Tuesday, will be the first majority women-owned team.
The Los Angeles club will debut in spring 2022 and become the league’s 11th team. Though an official name will be revealed later, the group has been calling itself „Angel City“ in honor of its new hometown, the league said.
„We’ve long sought the right partner in LA considering the NWSL fanbase that already exists in the region and the massive interest in women’s soccer in general,“ NWSL Commissioner Lisa Baird said in a statement. „Those factors, along with an incredible ownership group, make this an ideal situation and we couldn’t be more thrilled to move forward.“
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