Serena Williams’ husband buys £20m stake in Chelsea women’s team as controversial Todd Boehly move pays off
THE husband of tennis legend Serena Williams has purchased a 10 per cent stake in Chelsea Women.
Alexis Ohanian, the co-founder of social media platform Reddit, has invested £20million in the deal.
Chelsea Women are currently valued at £200m, making them the most expensive women’s team in the world.
The Times report that Ohanian will now take a seat on the board, with all of his investment going solely to the women’s team.
Williams, who won 23 grand slams in her incredible tennis career, is also set to be engaged in the club.
The couple are expected to be at Wembley with their family on Sunday as Chelsea face Manchester United in the Women’s FA Cup final.
Sonia Bompastor and Co are hoping to secure the domestic treble having already won the Women’s Super League and the Subway Women’s League Cup.
Chelsea officials announced last year that the women’s team would become a separate entity to the men’s.
They sold the team to THEMSELVES for around £200m to avoid a Premier League PSR charge.
It means that Ohanian’s investment is great news for club owner Todd Boehly.
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The Reddit founder allegedly views Chelsea and Barcelona as the biggest women’s clubs in Europe.
Chelsea went invincible in the WSL this season with 19 wins and just three draws.
They also became the first team in the league to hit 60 points in a season.
However, they missed out on the Champions League after suffering an 8-2 defeat on aggregate to Barcelona in the semi-finals.