Kara Nortman Critiques WSL Ownership Dynamics, Advocates for Investment in Women's Football
Owners treat many WSL clubs as ‘an afterthought’, Angel City’s co-founder says
The Guardian
Image: The Guardian
Kara Nortman, co-founder of Monarch Collective and Angel City FC, criticizes the treatment of Women's Super League (WSL) clubs as 'afterthoughts' by their owners. She emphasizes the need for genuine investment and collaboration to unlock the potential of women's football, while Monarch seeks further opportunities in England after recent successes.
- 01Kara Nortman highlights that many WSL clubs are treated as secondary to men's teams.
- 02Monarch Collective recently became the first women's multi-sport group by acquiring a stake in Cleveland's WNBA team.
- 03Nortman has engaged with various WSL clubs but finds it challenging to secure partnerships.
- 04The valuation of Angel City FC soared from $1 million to $250 million within four years.
- 05Monarch is exploring investments in other sports, including cricket and rugby union.
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Kara Nortman, co-founder of Monarch Collective and Angel City FC, has expressed concerns that many Women's Super League (WSL) clubs are regarded as 'afterthoughts' by their owners. During discussions with various clubs, Nortman noted that the primary focus for many owners appears to be compliance with profitability regulations rather than genuine investment in women's teams. Monarch recently made headlines by becoming the first women’s multi-sport group after acquiring a minority stake in the Cleveland WNBA team, joining its portfolio that includes NWSL teams and a German club. Nortman emphasized the need for owners to genuinely commit to their women's teams, stating that true collaboration could lead to significant growth in women's football. Despite facing challenges in securing partnerships, she remains optimistic about the sport's potential. Notably, Monarch's investment in Angel City FC grew from approximately $1 million to $250 million in just four years, highlighting the lucrative opportunities within women's sports. Additionally, Monarch is expanding its focus to other sports, including cricket and rugby, with plans to explore more investment opportunities in England.
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The insights from Nortman could influence how WSL clubs approach investment and development, potentially leading to better support for women's football.
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