Reddit Co-Founder Alexis Ohanian Invests in Chelsea Women's Team

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Reddit Co-Founder Alexis Ohanian Invests in Chelsea Women's Team
Photo: Marta Lavandier/AP/TT

Alexis Ohanian, co-founder of the internet forum Reddit, becomes a shareholder and part of the board in Chelsea's women's team, which won the WSL, the English football league, over the weekend, reports BBC.

"I've bet big on women's sports before. Now I'm doing it again", writes the American on X.

Ohanian has invested in shares worth 20 million pounds, equivalent to approximately 258 million kronor, in the women's team of the big club, corresponding to a shareholding of around 8-10 percent, according to BBC.

The 42-year-old, who is married and has children with tennis legend Serena Williams, has previously invested in Angel City in the American league NWSL.

Chelsea's chairman and co-owner is American Todd Boehly. The club is owned by his consortium Blueco.

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