In a powerful statement of his commitment to the future of women’s sports, Alexis Ohanian, the co-founder of Reddit and husband to tennis legend Serena Williams, has made a significant investment in Chelsea Women’s Football Club. Ohanian, through his venture capital firm 776, has acquired an eight percent stake in the Women’s Super League (WSL) champions, putting a hefty £20 million into the team. This investment is a major endorsement for women’s football, a sport that Ohanian has long championed.
Chelsea Women’s Football Club is now the most expensive women’s football team in the world, with a pre-money valuation of £225 million. This valuation is expected to rise to £245 million following Ohanian’s investment, further cementing the club’s position at the forefront of the global women’s football scene. The purchase marks a new chapter for Chelsea Women, signaling a bold step towards greater growth both on and off the pitch.
“I’ve bet big on women’s sports before, and I’m doing it again,” Ohanian said in a statement following his investment. “I’m honored for the chance to help this iconic club become America’s favorite WSL team and much, much more.” His words reflect a strong belief in the potential of women’s sports, particularly women’s football, which continues to grow in popularity and recognition around the world.
Chelsea Women’s Football Club, led by manager Emma Hayes, has already had a record-breaking season, clinching two titles, including a sixth consecutive Women’s Super League (WSL) title. This success is a testament to the strength and potential of the team. Ohanian’s investment is seen as a game-changing endorsement of Chelsea Women, as well as an indication of the direction the future of women’s football is heading. His involvement could be the catalyst for further growth and recognition for the team, not just in Europe, but on a global scale.
This deal comes at a time when Chelsea Women’s Football Club has undergone significant changes. Last year, the club’s ownership structure shifted when Chelsea sold the team to themselves. This move drew some criticism, with critics suggesting the club was “finding gaps in PSR” (Profitability and Sustainability Rules). However, Ohanian’s investment speaks to a broader movement in the world of sports — a growing recognition of the value and potential of women’s sports.
Ohanian’s new role with Chelsea Women will be focused solely on the women’s team, which operates as a separate entity from the men’s team. His involvement is expected to bring a fresh perspective and new opportunities for growth, particularly in terms of visibility and commercial success. In addition to his investment, Ohanian will also take a seat on the board, giving him a direct influence on the future of the club.
“Chelsea Women’s Football Club has established itself as one of the most successful teams in the WSL and beyond,” said a spokesperson for Ohanian’s firm. “With two titles already sealed this season, this investment signals a new era for the women’s game, confirming CFCW’s potential for growth, both on and off the pitch.”
Ohanian’s backing is a powerful signal that the future of women’s football is not only bright but deserving of the same attention, respect, and investment that has been historically directed towards men’s sports. His commitment to Chelsea Women is not just financial — it’s a message to the world that women’s sports are here to stay and are worthy of recognition and investment at the highest levels.
With Chelsea Women’s Football Club now backed by one of the most influential figures in the tech and investment world, it’s clear that the team is poised for an even greater future. Ohanian’s involvement represents more than just money — it’s a significant step forward for women’s sports on the global stage.