Entrepreneur and Reddit co-founder has continued his funding into ladies’s sport by buying a minority stake in English soccer membership FC Ladies.
The 42-year-old, who will now sit on the board, introduced the deal on Thursday, saying he was “proud” to assist this “iconic membership” to grow to be the most well-liked Ladies’s Tremendous League (WSL) crew within the US.
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Chelsea is already one of the profitable groups in ladies’s soccer and just lately secured its sixth consecutive league title – with out shedding a single sport.
The crew is now on the hunt for a home treble which it may full when it faces Manchester United within the Ladies’s FA Cup last at Wembley Stadium on Sunday.
“These gamers are rewriting the sport. Undefeated season. Eyes on the treble. However this isn’t nearly successful titles. It’s about lastly matching their expertise with the assets, visibility, and respect they deserve,” Ohanian, who’s married to tennis legend , stated on .
“I’ve been proper about this earlier than and I couldn’t be extra excited.”
Chelsea gamers have a good time successful the WSL trophy this season. – Tom Dulat/Getty Photos/File
British media on Wednesday that Ohanian had bought a ten% share of the membership price greater than $26 million. It was a determine he appeared to substantiate by screenshotting a photograph of an article which referenced that determine.
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Chelsea confirmed the brand new funding in a on Thursday, saying that Ohanian introduced with him “a wealth of expertise, vitality and fervour for girls’s sports activities that may assist take Chelsea Ladies to the subsequent degree and shine a light-weight on the potential of the game right here within the UK.”
The membership didn’t verify particulars across the deal, however has reached out to the membership for remark.
In his assertion on social media, Ohanian additionally praised Chelsea Ladies’s new CEO Aki Mandhar.
“Her integrity and concentrate on a regular of excellence had been an enormous think about why this was such a ‘Hell Sure’-type funding,” he added.
Extra funding
It’s not the primary time that Ohanian has invested in ladies’s soccer.
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In 2022, he was the founding investor of , a Los Angeles-based crew that now performs within the Nationwide Ladies’s Soccer League (NWSL) – the highest division of girls’s soccer within the US.
The membership then turned probably the most beneficial ladies’s skilled sports activities crew on the earth after a in 2024.
Ohanian additionally based , a ladies’s-only monitor and subject occasion that debuted final yr. The occasion provides $60,000 for race winners and goals to champion feminine athletes internationally.
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