Alexis Ohanian Invests £20M in Chelsea Women’s Football Team
Alexis Ohanian, the co-founder of Reddit and husband of tennis legend Serena Williams, has made a significant investment in Chelsea Women’s Football Club (Chelsea FCW). Ohanian has purchased a 10% stake in the club, valued at approximately £20 million ($26.6 million). This move marks a new chapter for Chelsea Women as they continue to establish themselves as one of the most successful teams in the Women’s Super League (WSL).
Ohanian’s Growing Commitment to Women’s Sports
Ohanian has long been a passionate supporter of women’s sports, and this investment is further proof of his commitment. His involvement with Chelsea Women’s Football Club as both an investor and a board member comes after years of supporting female athletes and sports organizations. Ohanian previously played a key role in the founding of Angel City FC in the National Women’s Soccer League (NWSL), a team now considered one of the most valuable women’s soccer franchises.
In a statement on X (formerly Twitter), Ohanian said, “I’ve bet big on women’s sports before – and I’m doing it again. I’m proud to announce that I’m joining Chelsea FCW as an investor and board member. I’m honoured for the chance to help this iconic club become America’s favourite Barclays WSL team and much, much more.”
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The Strategic Importance of Ohanian’s Investment
Ohanian’s stake acquisition comes at a pivotal time for Chelsea Women’s Football Club. The club recently secured its sixth consecutive Women’s Super League (WSL) title, finishing an undefeated 22-game campaign. This achievement demonstrates the team’s dominance within the league and positions Chelsea Women for future success.
This investment also highlights the ongoing growth and development of women’s football, particularly in Europe. Chelsea Women’s ownership group sees tremendous potential for the club’s expansion, with plans to increase visibility and further professionalize the team. Ohanian’s deep experience in both sports and technology will likely provide valuable insight as the club navigates its next phase.
Ohanian’s Broader Impact on Women’s Football
Ohanian’s influence extends beyond his financial contribution. His involvement in the sport spans multiple initiatives aimed at elevating women’s athletics. From his venture firm, Seven Seven Six, to his ownership in Angel City FC, Ohanian is advocating for better opportunities for women in sports. He also founded the Athlos women’s track competition, which offers substantial prize money to female athletes.
His investments aim to bring resources, visibility, and respect to women’s sports, areas he believes have been historically underfunded and undervalued. As Chelsea Women’s team continues to grow, Ohanian’s expertise and advocacy for equality in sports are expected to be pivotal in advancing the team’s goals.
Future Prospects for Chelsea Women
With Ohanian’s backing, Chelsea Women’s Football Club is poised to continue its upward trajectory. The club is already preparing for future campaigns and aims to secure more titles. Additionally, the club’s strategic plans include increasing its commercial revenues, especially as the WSL enters a new phase of media deals. A £65 million ($86.4 million) broadcast deal with Sky and BBC for the next five years will further help elevate the league’s status.
Chelsea’s women’s side is expected to expand both in terms of talent and fanbase, as they continue to establish themselves as a dominant force in European women’s football. Ohanian’s investment is a clear sign that the market for women’s football is on the rise and that clubs like Chelsea are primed for international success.
Conclusion
Alexis Ohanian’s £20 million investment in Chelsea Women’s Football Club is a game-changing move for women’s sports, offering the team both financial support and an experienced leader. As the club eyes more titles and commercial growth, Ohanian’s involvement promises to have a lasting impact on the future of the club and women’s football in Europe. With his expertise and commitment, Chelsea Women’s Football Club is positioned for an exciting and prosperous future.
This article is originally published on: sportspro
