Ohanian Buys 10% Stake in Chelsea Women FC

Reddit co-founder Alexis Ohanian has acquired a 10% stake in Chelsea Women FC for approximately £20 million ($26.5 million), valuing the club at over £200 million and making it the most valuable women's football team in the world. Ohanian will join the club's board, with his wife Serena Williams expected to be involved, and both are set to attend the Women's FA Cup final at Wembley. The investment follows Chelsea Women's separation from the men's team last year, aimed at dedicated growth and financial transparency. Ohanian, who previously held the largest stake in Angel City FC, has emphasized his commitment to women's sports. The club recently won an unbeaten Women's Super League title and is now pursuing a domestic treble. The Premier League is still reviewing the club's valuation to ensure it reflects fair market value.