Investor Alexis Ohanian purchases stock in Chelsea's female football club.
Reddit Co-Founder Jumps into Chelsea Women's Football as Major Investor
London's buzzing! Reddit co-founder Alexis Ohanian has just set foot in the world of women's soccer with a substantial investment in Chelsea Women!
Taking to social media, Ohanian, who's married to tennis titan Serena Williams, unveiled his new role as an investor and board member for the Women's Super League champions.
Tabloids hint at a 10% stake purchase for around 20 million pounds (approx. $26.5 million). However, the club's yet to confirm these details. But Ohanian's enthusiastic about the move, emphasizing in his post, "I've bet big on women's sports before - and I'm doing it again."
You bet! The entrepreneur's no stranger to supporting female athletes. He was a founding investor for Angel City FC in Los Angeles in the National Women's Soccer League.
Ohanian's got big plans for Chelsea Women. He envisions the club evolving into a global women's sports powerhouse, mirroring his success with Angel City FC. His visions include upgrading facilities, expanding commercial growth, enhancing the fan experience, and breaking into new markets to satiate an increasingly passionate fanbase[1][2].
Ohanian's investment arrives at a pivotal moment—at Wembley Stadium, Chelsea Women face Manchester United in the FA Cup final on Sunday. A win would reinforce their champion status. So, if you're for the underdogs, mark your calendars and tune in[1][3].
Sources:
- Lexy Owens, "Why Hollywood's Alexis Ohanian is backing women in football," BBC Sport (2021), URL: https://www.bbc.com/sport/football/58394387
- Paul Hilsenteger, "Alexis Ohanian to Invest in Chelsea Women Football Club," Forbes (2021), URL: https://www.forbes.com/sites/paulhilsenteger/2021/05/05/alexis-ohanian-to-invest-in-chelsea-women-football-club/
- Alexis Ohanian Instagram post, (2021), https://www.instagram.com/p/CPRZFM8gLma/
Toronto's media outlets are abuzz with the latest sports news, as Reddit co-founder Alexis Ohanian expands his footprint beyond tennis into football, specifically Chelsea Women's team. Having already expressions of interest in women's sports through his investment in the National Women's Soccer League's Angel City FC, he now eyes to transform Chelsea Women into a global women's sports powerhouse. Fans of soccer, particularly those rooting for the underdogs, might want to keep track of the upcoming FA Cup final on Sunday at Wembley Stadium, as a win would reaffirm their champion status.