The Big Bet: Alexis Ohanian Insests £245 Million in Chelsea Women
Tennis star Serena Williams' spouse, Alexis Ohanian, acquires an 8% stake in Chelsea Women, boosting the WSL champions' worth to £245m due to the Reddit co-owner's investment.
Alexis Ohanian, the tech billionaire and Reddit co-founder, has taken women's football by storm with his latest power move. He's dived into the WSL action, investing a whopping eight percent stake in Chelsea Women. That's almost £245 million at your disposal, babe!
Setting his sights sky-high, Ohanian revealed his investment through a grand announcement on LinkedIn. He said, "I've bet big on women's sports before, and I'm doing it again." Here's the lowdown on his ambitious endeavor.
Chelsea Girls are all about that WSL life
Chelsea Women, the WSL queens, are the lucky recipients of Ohanian's big bucks. They're currently eyeing a jaw-dropping domestic treble. With the FA Cup final against Man United looming, the team, undefeated and fiery, might just take home the trophy and make history. All eyes are on these fierce women!
The man behind the move
Ohanian, married to tennis ace Serena Williams, is no stranger to disrupting the game. With a mind like a razor-sharp Steve Jobs, Ohanian transforms whatever he touches. From co-founding Reddit to founding the venture firm 776, this guy's credentials shine brighter than a London sunset.
Bye, bye penny-pinching
With Ohanian's deep pockets and vision, Chelsea Women will finally receive long-overdue attention. As he so boldly put it, "This isn't just about winning titles. It's about finally matching their talent with the resources, visibility, and respect they deserve."
A tale of integrity
Ohanian praised Chelsea women's chief executive, Aki Mandhar, who was instrumental in bringing the investment to the table. With her unwavering integrity and commitment to excellence, Mandhar earned a special place in Ohanian's heart. Nah, he didn't say that last part, but you get the drift, right?
et tu, Olympia and Adira?
If the pictures on Ohanian's social media are anything to go by, his daughters Olympia and Adira might be the next female footballing talents we'll see sporting Chelsea kits. Keep your eyes peeled, peeps!
The past was history, the future is hers
Remember when Ohanian previously scooped up the largest share in Los Angeles-based Angel City FC, which sold for an astonishing £192.3m? Well, he's replicating that success with Chelsea Women. Get ready to cheer on this powerhouse team as Ohanian plays the game like a boss!
Coming soon: The billion-dollar women's football club
This slick move by Ohanian is making waves in the world of women's football, signaling that this sport is no longer a tiny niche market. With values and investments climbing, the era of the billion-dollar women’s sports franchise is within reach. Ohanian? Billionaire, ambassador, and Barbarella of football? Sign us up!
- In a bold announcement on LinkedIn, Alexis Ohanian, the tech billionaire and Reddit co-founder, declared his investment in women's football, specifically in the WSL team Chelsea Women, stating, "I've bet big on women's sports before, and I'm doing it again."
- With his investment, Chelsea Women are hoping to achieve a breathtaking domestic treble, including the FA Cup final against Man United, a game that will potentially mark a historic victory for the team.
- As Ohanian transforms whatever he touches, from co-founding Reddit to founding the venture firm 776, his ambitious endeavor with Chelsea Women is anticipated to bring long-overdue attention, resources, visibility, and respect to women's football.
