From CNBC: 2025-05-14 17:26:00

Alexis Ohanian, co-founder of Reddit and principal owner of Angel City FC and Los Angeles Golf Club, has purchased a minority stake in Chelsea FC Women. He paid 20 million pounds for a 10% ownership stake, valuing the women’s team at 200 million pounds and making it the most valuable women’s team globally. Ohanian aims to build a worldwide brand within women’s football, focusing on empowering women in sports.

Ohanian, who left Reddit in 2020, sees the investment in women’s sports as a way to build a legacy for his daughters. In addition to owning stakes in Angel City FC and Chelsea FC Women, he has invested $250,000 from his daughters’ trust fund into Angel City FC. Ohanian believes in the potential of women’s sports and is committed to supporting and empowering female athletes.

Chelsea FC Women have won six consecutive Women’s Super League titles, making them a dominant force in women’s football. Ohanian’s involvement with the team includes a seat on the board, where he can contribute to the strategic direction and growth of the club. He is confident in Chelsea FC Women’s potential to become a global brand in women’s sports, furthering his commitment to supporting and promoting women in athletics.



Read more at CNBC: Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women