Alexis Ohanian buys stake in Chelsea’s women’s soccer team

By: The Associated Press Posted: 6:21 PM CDT Wednesday, May. 14, 2025

LONDON (AP) — Reddit co-founder Alexis Ohanian has bought a stake in Chelsea's women's soccer team, he announced Wednesday.

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LONDON (AP) — Reddit co-founder Alexis Ohanian has bought a stake in Chelsea's women's soccer team, he announced Wednesday.

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This article was published 14/05/2025 (515 days ago), so information in it may no longer be current.

LONDON (AP) — Reddit co-founder Alexis Ohanian has bought a stake in Chelsea’s women’s soccer team, he announced Wednesday.

Ohanian, whose wife is tennis great Serena Williams, announced on social media that he’s joining the Women’s Super League champions as an investor and board member.

British media reported that he purchased a 10% stake for about 20 million pounds ($26.5 million). The club has not commented on Ohanian’s announcement.

FILE - Serena Williams and her husband, Alexis Ohanian, stand during player introductions before a match between Los Angeles Golf Club and Jupiter Links Golf Club, Tuesday, Jan. 14, 2025, in Palm Beach Gardens, Fla. (AP Photo/Marta Lavandier, File)

“I’ve bet big on women’s sports before — and I’m doing it again,” he wrote. “I’m honored for the chance to help this iconic club become America’s favorite (Women’s Super League) team and much, much more.”

Ohanian was a founding investor of Angel City FC in Los Angeles in the National Women’s Soccer League.

The entrepreneur added “See you all Sunday,” in reference to Chelsea’s FA Cup women’s final against Manchester United at Wembley Stadium.