Investing in Messi's Brand: A Winning Strategy for Your Portfolio.
MGO Global, the management company behind Lionel Messi's iconic fashion and lifestyle brand, went public on Nasdaq on Jan. 13. The company is seeking to raise over $7.5 million in funding after Messi's historic 2022 World Cup win with Argentina.
As an investor, this is a unique opportunity to get in on the ground floor of a rapidly growing fashion and lifestyle brand, managed by a team with a proven track record of success. Co-founded by Argentine entrepreneur Maximiliano Ojeda and fashion industry veteran Ginny Hilfiger, MGO Global's sole client is Lionel Messi, the Paris Saint-Germain forward and world-renowned football legend.
Despite not having an ownership stake in the company, Messi's contract with MGO guarantees 12% of sales or a minimum of $4.2 million over three years, according to a 2021 trademark license agreement. This ensures a strong incentive for Messi to continue to promote and elevate the brand's profile.
MGO Global issued 1.5 million shares at $5 each, valuing the company at $66 million. As an investor, this presents a unique opportunity to invest in a growing brand and capitalize on the success of one of the world's most iconic athletes. With its Nasdaq IPO, MGO Global is poised for significant growth in the coming years, making it an attractive investment opportunity for those looking to diversify their portfolio.