Alexis Ohanian, main owner of the Angel City Football Club & Los Angeles Golf Club, looks at himself during a conversation with the Olympic sprinter Gabby Thomas during the business of Women Sport Summit by Deep Blue Sports and Axios in Chelsea Factory on April 23, 2024 in New York City.
Elsa | Getty pictures
Reddit Co -founder Alexis Ohanian bought a minority stake in Chelsea FC Women, who granted him participation in two of the best teams in women's sports.
The founder of the venture capital company Seven Seven Six and husband the tennis legend Serena Williams, according to a person familiar with the deal, paid £ 20 million for a 10% participation in the English football team. Ohanian is also partially owned Disney CEO Bob Iger and his wife Willow Bay.
The Ohanian Chelsea deal estimates the women's club with £ 200 million, according to the confidante and is and is the most valuable team of women in the world, based on the current exchange rates. As part of the business, Ohanian receives a place on the team's board.
“I've already bet on women's sports -and I'm doing it again,” said Ohanian in a post on the social media website X, to confirm the proportion.
Chelsea FC women have won six consecutive women -Super -League title. Ohanian says he sees the opportunity to expand a worldwide brand in women's football.
Chelsea FC women gave Alexis Ohian's daughters.
With the kind permission of Alexis Ohanian
“I am confident that Chelsea FC Women is the next global women's sports brand,” he said.
Ohanian left Reddit in 2020 to concentrate on building a legacy for his two young daughters through sports and other investments.
He said in 2024 that he invested 250,000 US dollars in his daughters -Ttrust fund in Angel City FC. Ohanian said the investment made her the youngest owners in professional sports and multimillionaires.
Williams recently also became the owner of the WNBA expansion Team The Toronto Tempo, and Ohanian has started a competition from the women's route.
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