Alexis Ohanian Invests in Chelsea Women's Team: A Game-Changing Stake

Alexis Ohanian, co-founder of Reddit and husband to tennis legend Serena Williams, has made a significant investment in Chelsea's women's soccer team. Announcing his decision on social media, Ohanian has joined the Women's Super League champions as both an investor and board member.

British media outlets have reported that Ohanian acquired a 10% stake in the team, costing him approximately £20 million or $26.5 million. The club has yet to issue a statement regarding the investment.

Demonstrating his ongoing commitment to women's sports, Ohanian expressed excitement about helping Chelsea's women's team become a favorite among American fans. He previously invested in Angel City FC in Los Angeles.

(With inputs from agencies.)