Despite Falling Hugely Short of Their $1,000,000,000 Goal, Serena Williams and Husband Alexis Ohanian’s Angel City Rips Records Apart With a New Milestone

For Serena Williams‘ husband, Alexis Ohanian, the idea of combining sports with investments is working beautifully. A few years ago, he started working on this idea when he made an investment in the Los Angeles-based soccer team. Now, literally 4 years down the lane after the investment, the dream with which the Reddit co-founder invested has finally started to come true.

While Angel City FC has always pushed the bar higher for the NWSL teams. Recently, the women’s soccer team made history by finding the actual worth that they have earned in the soccer arena. However, the biggest twist is, that despite leaving a billion-dollar gap, Williams’ husband’s team still manages to be at the top.

Serena Williams’ husband’s Angel City FC created history 

This year, the soccer team had a stellar time with sponsorship dollars galore, packed stadiums, and thousands of season ticket holders—everything put perfectly into place. And now, the once-rising soccer team has created its own parameters for being the best. Recently, a sporting update Twitter account shared how Ohanian’s team is currently the most valuable NWSL team for the first time.

The team’s current valuation is around $180 million, and there are projections that in the future it can become the most valuable women’s soccer team in the whole world. Nevertheless, there are a few components in which the Los Angeles soccer team stood out from their competitors.

Such as, even after having investors like the Reddit co-founder, the team approached ownership and operations like a startup rather than a sporting investment. Apart from that, they also raised money even before they started playing as a part of the professional circuit. Back in April 2021, the team raised money at a valuation of around $100 million, a good start.

READ MORE: ‘She Got Mad at Me’- Nonchalant Attitude Proves Costly for Serena Williams’ Husband Alexis Ohanian as 6YO Daughter Left Disappointed

Although, even after scripting history, the team fell short of their $1 billion goal by a huge margin. Earlier this year, looking at the amazing circumstances, the evaluation was estimated much higher, while the real one came out to be short with a huge gap.

Angel City’s billion-dollar valuation ambition 

Earlier this year, Angel City president Julie Uhrman, in an interview with the Athletic, talked about how there’s no better investment today than women’s sports. Along with that, he also listed how, with the way they are rising to the top in the upcoming 5 years, they can be the first woman team to have a commendable billion-dollar valuation.

In addition, since the very beginning, the team has put in a lot of effort to make the dream come true. He also highlighted how, just like any other sporting team, Angel City isn’t quite making a profit yet, but the way these million values are floating around, the projection can be profitable in the next 3 to 5 years.

However, what do you think about Ohanian’s team rising to the top? Share your thoughts in the comment section below.

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