Even though he is still one of the best soccer players in the world, Lionel Messi is nearing the end of his career and making preparations for his financial future after he hanging his boots.
This is especially true given that he has already stated that the 2022 FIFA World Cup in Qatar will be his final opportunity to compete in a major tournament.
This Argentine superstar on Wednesday announced that he’s creating a holding company that will invest in sports, media and technology around the globe.
Play Time Sports-Tech HoldCo LLC, with its headquarters in Silicon Valley, San Francisco, California, will serve as Messi’s main investment vehicle going forward.
The business will look into prospects that may involve, among other things, supporting startup entrepreneurs in building football-tech businesses or investing in professional clubs.
In a statement, Lionel Messi announced the information while also expressing his delight.
Lionel Messi is launching an investment firm targeting sports, media and technology, per Bloomberg. https://t.co/dKXykcvxyh
— Mark J. Burns (@markjburns88) October 19, 2022
“I am excited to extend our roots into Silicon Valley, and I am thrilled that Play Time will collaborate with daring entrepreneurs from all over the world,” he expressed.
The company will be run by Razmig Hovaghimian, who is a partner at Graph Ventures and Michael Marquez, the founding partner of the investment bank Code Advisors LLC, in a special advisor role.
Hovaghimian has the necessary experience to take on this project as he is also the co-founder of Matchday.com a football venture in which Messi’s company is investing and is preparing to be launched before the 2022 Qatar FIFA World Cup kicks off in November.
