Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Stock Market

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

admin by admin
May 16, 2025
in Stock Market
0
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports.

The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena Williams paid 20 million pounds for a 10% stake in the English soccer team, according to a person familiar with the deal. Ohanian is also a part owner in the National Women’s Soccer League’s Angel City FC alongside Disney CEO Bob Iger and his wife, Willow Bay.

Ohanian’s Chelsea deal values the women’s club at 200 million pounds, according to the person familiar, making it the most valuable women’s team in the world based on current foreign exchange rates. As part of the deal, Ohanian will be given a seat on the team’s board.

“I’ve bet big on women’s sports before — and I’m doing it again,” Ohanian said in a post on social media site X confirming the stake.

Chelsea FC Women have won six consecutive Women’s Super League titles. Ohanian says he see the opportunity to grow a worldwide brand within women’s football.

“I’m confident Chelsea FC Women is the next global women’s sports brand,” he said.

Ohanian told CNBC’s “Squawk Box” on Thursday that one of the things that drew him to Chelsea was the team’s large social media following. Chelsea FC Women have 4 million followers on Instagram.

“As a social media guy, I look for heat online in the free market of attention,” Ohanian said. “If this were any other type of brand, there is a lot of revenue opportunity there.”

Ohanian also said he believes in the business model and that women’s sports have been undervalued too long. He said brands are only now starting to wake up to that value.

“We will see billion-dollar clubs in women’s soccer one day in the not-too-distant future,” he predicted.

Ohanian left Reddit in 2020 to focus on building a legacy for his two young daughters through sports and other investments.

He said in 2024 he had invested $250,000 from his daughters trust fund into Angel City FC. Ohanian said the investment made them the youngest owners in professional sports and multi-millionaires.

Williams also recently became part owner of WNBA expansion team the Toronto Tempo, and Ohanian has started a women’s track competition.

This post appeared first on NBC NEWS
Previous Post

Chinese Firm DDC Enterprise Plans Strategic Bitcoin Reserve, Targets 5,000 BTC Accumulation

Next Post

Trump takes well-earned victory lap for Middle East peace triumphs

Next Post
Trump takes well-earned victory lap for Middle East peace triumphs

Trump takes well-earned victory lap for Middle East peace triumphs

  • Trending
  • Comments
  • Latest
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Bitcoin Records Highest Weekly Close as Price Nears All-Time High

Bitcoin Records Highest Weekly Close as Price Nears All-Time High

May 19, 2025
Major Gold Miners Shine in Q1, Buoyed by Strong Gold Price Performance

Major Gold Miners Shine in Q1, Buoyed by Strong Gold Price Performance

May 14, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Mobile Gaming Stocks: 10 Biggest Companies in 2025

Mobile Gaming Stocks: 10 Biggest Companies in 2025

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Mobile Gaming Stocks: 10 Biggest Companies in 2025

Mobile Gaming Stocks: 10 Biggest Companies in 2025

June 17, 2025
Critical One Sells Uranium Assets to Dark Star, Hones Focus on Antimony-Gold Project

Critical One Sells Uranium Assets to Dark Star, Hones Focus on Antimony-Gold Project

June 17, 2025
Significant Uranium anomalies identified across the NT

Significant Uranium anomalies identified across the NT

June 17, 2025
ChatGPT Predicts the Price of XRP, Shiba Inu and Bitcoin Cash by the End of 2025

ChatGPT Predicts the Price of XRP, Shiba Inu and Bitcoin Cash by the End of 2025

June 17, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Mobile Gaming Stocks: 10 Biggest Companies in 2025

    Mobile Gaming Stocks: 10 Biggest Companies in 2025

    June 17, 2025
    Critical One Sells Uranium Assets to Dark Star, Hones Focus on Antimony-Gold Project

    Critical One Sells Uranium Assets to Dark Star, Hones Focus on Antimony-Gold Project

    June 17, 2025
    Significant Uranium anomalies identified across the NT

    Significant Uranium anomalies identified across the NT

    June 17, 2025
    ChatGPT Predicts the Price of XRP, Shiba Inu and Bitcoin Cash by the End of 2025

    ChatGPT Predicts the Price of XRP, Shiba Inu and Bitcoin Cash by the End of 2025

    June 17, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved