Entrepreneur and co-founder of Reddit Alexis Ohanian has continued his investment into women’s sport by purchasing a minority stake in English soccer club Chelsea.

Reddit founder Alexis Ohanian has bought a stake in Women's Super League champions Chelsea, the club have confirmed. Ohanian, who is married to tennis great Serena Williams, will have a seat on Chelsea Women's board after purchasing a 8-10% share, believed to be worth around £20m.

The 42-year-old Ohanian, who also has a stake in NWSL side Angel City, has bought an eight per cent stake in the side.