At 35, Lionel Messi understands that he only has a few years left to play football, which is why the Paris Saint-Germain star is taking adventures off the pitch for his post-playing career.
BNN Bloomberg reported on Wednesday that the Argentinian is creating a global holding company to invest in sports, media and technology. The company will be based in San Francisco and will be called Play Time Sports-Tech HoldCo LLC.
Messi’s company will look at ‘scene-agnostic’ opportunities which could include, for example, supporting startup founders to build football tech companies or investing in teams.
“I’m thrilled to extend our roots in Silicon Valley, and I’m thrilled that Play Time is collaborating with bold entrepreneurs around the world,” Messi said in a statement.
While the company will be owned by Messi, the Paris Saint-Germain star will have Razmig Hovaghimian, a partner at venture capital firm Graph Ventures, who will run Play Time. In addition, Michael Marquez, founding partner of investment bank Code Advisors LLC, will act as special advisor.
“Since I met Leo and the Messi family in 2017, it was clear that their vision for the future was bold,” Hovaghimian said in a statement. “They want to continue to have a direct and lasting impact on and off the pitch. »
Expect this venture to be one of many Messi is starting as it looks like the Argentine will be very busy once he hangs up his boots.