Back to all articles

World Cup 2026 Investors — The Players Quietly Backing Startups, Funds & Unicorns

11 min read
World Cup 2026 Investors — The Players Quietly Backing Startups, Funds & Unicorns

TL;DR

The 2026 World Cup is the first in history where three of the headline acts — Cristiano Ronaldo, Lionel Messi and Luka Modrić — are not only the only three men ever to play in six World Cups, but are also active startup investors. Ronaldo holds equity in AI unicorn Perplexity and wearable company Whoop. Kylian Mbappé runs a full-blown investment house, Coalition Capital, that has backed a €5 billion insurtech and bought a French pro club. Messi has a San Francisco venture fund. Modrić co-owns Swansea City. And the most prolific footballer-angel of all — Germany's Mario Götze, with 70+ companies and two 2025 unicorns — isn't even in the tournament. Here is the verified, fully-sourced list, plus a bonus round of World Cup legends who built serious portfolios after hanging up their boots.

Why this list matters for the venture world

For two decades, footballers monetised their fame through boot deals and shampoo ads. That era is over. The best-capitalised players at the 2026 World Cup now operate like single-family offices: direct equity, dedicated investment vehicles, fund-of-funds positions, and even LP commitments into the same institutional managers that Fund Momentum tracks every week.

That shift matters for founders. A footballer on your cap table is rarely a sourcing edge — but it can be a distribution weapon and a credibility magnet that pulls in tier-one co-investors. As you'll see below, these athletes keep showing up alongside Index Ventures, Benchmark, Accel, Nvidia and Jeff Bezos. The pitch has quietly become a cap table. Here's who's playing.


Cristiano Ronaldo (Portugal) 🇵🇹 — the AI-unicorn angel

Squad status: Confirmed. Captain Cristiano Ronaldo, now 41 and at Al-Nassr, leads Portugal at a record-breaking sixth World Cup under Roberto Martínez.

Ronaldo has spent years bypassing standard endorsement deals in favour of direct equity, and his recent tech bets are surprisingly sharp. He is an investor in Perplexity AI — the AI search engine that raised $200M at a roughly $20 billion valuation in late 2025, alongside early backers like Nvidia and Jeff Bezos. He also holds a stake in Whoop, the wearable human-performance company, and in the supplement brand bioniq. In early 2026 he added a reported $7.5 million for around 10% of HBL Pro2col, a Herbalife-linked digital-health software venture.

The take: A footballer sitting in the cap table of a top-tier AI lab next to Bezos and Nvidia is the single best illustration of how far athlete investing has come. Ronaldo's portfolio leans health, performance and AI — sectors where his brand and his own training obsession create genuine alignment.

Kylian Mbappé (France) 🇫🇷 — the player who runs a fund

Squad status: Confirmed. Mbappé is France's captain and the centrepiece of Didier Deschamps' squad.

Mbappé is the most institutionally structured investor of any active player. He operates through a holding company, Interconnected Ventures, and its investment arm, Coalition Capital, run day-to-day by CEO Ziad Hammoud. The portfolio is broad and deliberate: a minority stake in Alan, the French health-insurance unicorn valued at €5 billion after a €100M round led by Index Ventures in March 2026; a position in the fantasy-football platform Sorare; a stake in the France SailGP sailing team; and a co-founding role in the content company Zebra Valley. In 2024, Coalition Capital bought roughly 80% of Ligue 2 club Stade Malherbe Caen for a reported €15–20 million, making Mbappé one of the youngest majority owners of a European pro club. The fund has also moved into EdTech via MyEdSpace.

The take: This is not celebrity dabbling. Mbappé has a named vehicle, a CEO, a thesis ("early-stage equity in sectors where my brand accelerates growth"), and board-level governance. He is effectively building a family office in real time.

Lionel Messi (Argentina) 🇦🇷 — the Silicon Valley VC

Squad status: Confirmed. After a long "will-he, won't-he," Messi, 38, is at his sixth and final World Cup as Argentina defend their title.

Messi's primary investment vehicle is Play Time, a San Francisco holding company and venture firm he launched with Razmig Hovaghimian (a Graph Ventures partner who previously sold Viki to Rakuten for $200M). Play Time focuses on the intersection of sports, media and technology. Its anchor bet is Matchday, the FIFA- and FIFPRO-licensed football gaming startup that raised $21M and counts Greylock, Courtside Ventures and Horizons Ventures among co-investors. The portfolio also includes the match-worn-shirt marketplace AC Momento, amateur-sports streaming platform BallerTV, and AI data-labelling company SuperAnnotate.

The take: Messi is the only one of the "six World Cups" trio with a genuine, named venture firm rather than a personal holding structure. The thesis — bridge football's ~5 billion fans to technology — is narrow but defensible, and the co-investor quality is real.

Luka Modrić (Croatia) 🇭🇷 — the player-owner

Squad status: Confirmed. At 40, Modrić captains Croatia at his sixth World Cup — joining Ronaldo and Messi as the only men ever to do so — now playing his club football at AC Milan.

Modrić's move is into ownership rather than tech. In April 2025 he became a minority co-owner of Championship side Swansea City, joining a US-led consortium and taking an active role in recruitment and strategy. His only other notable position is a 50% stake in Croatia's Zeppelin Craft Brewery. He's signalled clearly that the business of football — youth development, coaching, club operations — is his post-playing plan.

The take: Modrić is the "operator-owner" archetype: less interested in venture multiples than in the long game of running a club. A useful contrast to the fund-builders, and a reminder that "athlete investor" spans a wide spectrum.


The wildcard: the most serious footballer-angel isn't even at the World Cup

Mario Götze (Germany) 🇩🇪 scored the goal that won Germany the 2014 World Cup. He won't be in North America in 2026 — he's no longer a national-team regular — but he deserves a place in this conversation, because he is, by a distance, the most prolific footballer-angel in the game.

Through his vehicle Companion-M, Götze has built a portfolio of more than 70 companies, two of which became unicorns in 2025: Danish fintech Flatpay and German AI startup Parloa. His team reviews roughly 100 startups a month and commits to one or two, writing €25k–€50k pre-seed and seed checks into B2B SaaS, software infrastructure, cybersecurity, health and biotech — notably, not sports. Past investments include Arcee AI, Qualifyze and KoRo.

Most strikingly for the venture world: Companion-M is also a limited partner in more than 20 funds, including 20VC, Cherry Ventures, EQT Ventures, Planet A, Merantix, Visionaries Club and World Fund. That makes Götze not just an angel, but a fellow LP alongside the institutions — the clearest bridge from the pitch to professional venture capital that any footballer has built.

The patterns worth noticing

Alan is the French national team's favourite deal. Both Mbappé and (before his international retirement) Antoine Griezmann took equity in the same insurtech unicorn — two French internationals, one €5 billion company. When a startup pulls in multiple national-team stars, it's usually a signal that the brand-distribution flywheel is part of the deal logic.

Sorare is the gateway drug. The fantasy-football platform recurs across nearly every footballer portfolio — Mbappé, Griezmann, and retired stars like Rio Ferdinand and Gerard Piqué. It's the most common first investment, the on-ramp before players build something more structured.

Footballers co-invest alongside tier-one VCs. Alan = Index Ventures. Perplexity = Nvidia and Bezos. Matchday = Greylock and Courtside. Sorare = Benchmark and Accel. The lesson for founders: an athlete check tends to follow institutional conviction, not replace it. Use it for reach and credibility, not for diligence.

The coach bench is empty. National-team head coaches are almost entirely absent from startup cap tables. The capital, the appetite and the time horizon all sit with players, not managers — itself a small insight into how athlete wealth and post-career planning actually work.


Bonus round: World Cup legends who became serious investors

These names aren't in the 2026 squads — most have retired from international football — but they've built investment track records strong enough to belong in any conversation about athlete capital.

Antoine Griezmann (France). The most active footballer-angel of his generation. After retiring from the national team in 2024 and leaving Atlético Madrid for MLS, Griezmann's portfolio still stands out: Sorare, mental-health platform moka.care, smash-burger chain Vicio, sneaker marketplace Wethenew, the insurtech Alan, and his own esports org, Grizi Esport. Had he played on, he'd have topped this list.

Gerard Piqué (Spain). The original footballer-entrepreneur. Through his Kosmos group he reshaped media and competition formats (and later launched the Kings League), and he was an early backer of Sorare. The blueprint many younger players now follow.

Rio Ferdinand (England). An early Sorare investor whose stake appreciated sharply after the platform's multi-billion-dollar valuation — proof that the right early football-tech bet can outperform the on-pitch career.

Blaise Matuidi (France). The 2018 World Cup winner launched his own investment fund, Origins, and has backed multiple startups, becoming one of the more deliberate fund-builders among retired players.

Iker Casillas (Spain). Founder of Sportboost, an accelerator and co-investor focused on sports-related startups — a structured, thesis-driven approach to the sector he knows best.

Mats Hummels (Germany). The recently retired defender built an angel portfolio across consumer and sports-tech, an early example of the German-footballer-as-investor trend that Götze has since taken furthest.

Fund Momentum Take

The story of the 2026 World Cup, off the pitch, is that elite athletes have professionalised their capital. The naïve version of "athlete investing" — a logo on a cap table in exchange for a tweet — is being replaced by named vehicles (Coalition Capital, Play Time, Companion-M), real theses, dedicated CEOs, and, in Götze's case, genuine LP positions inside institutional funds.

For founders, the practical read is simple. An athlete investor is a go-to-market asset, not a sourcing one. The best of them — Mbappé's fund, Messi's Play Time, Götze's Companion-M — bring operating teams and co-investor networks; the rest bring reach. Either can be valuable, but only if you're clear about which one you're getting. And the through-line that should interest every fundraiser: these players almost never lead. They follow institutional conviction. Which means the smartest way to land a marquee athlete on your round is to win a credible VC first — exactly the kind of fund Fund Momentum exists to help you find.

The pitch is now a cap table. Expect the trend to accelerate long after the final whistle in New Jersey on July 19.

Frequently Asked Questions

Which World Cup 2026 players invest in startups?
The most active investor-players in the 2026 World Cup are Cristiano Ronaldo (Portugal), Kylian Mbappé (France), Lionel Messi (Argentina) and Luka Modrić (Croatia). Ronaldo holds equity in Perplexity AI and Whoop; Mbappé runs the investment fund Coalition Capital; Messi operates the venture firm Play Time; and Modrić co-owns Swansea City.

Does Cristiano Ronaldo invest in startups?
Yes. Ronaldo is an active angel investor with stakes in AI search unicorn Perplexity AI, wearable-tech company Whoop, supplement brand bioniq, and a reported $7.5M position in Herbalife-linked health-tech firm HBL Pro2col. His investments concentrate on AI, health and human performance.

What is Kylian Mbappé's investment fund?
Mbappé invests through Interconnected Ventures and its investment arm Coalition Capital, led by CEO Ziad Hammoud. Holdings include insurtech unicorn Alan, fantasy platform Sorare, the France SailGP team, content company Zebra Valley, EdTech MyEdSpace, and an ~80% stake in Ligue 2 club Stade Malherbe Caen.

Does Lionel Messi have a venture capital fund?
Yes. Messi co-founded Play Time, a San Francisco-based venture firm focused on sports, media and technology, run with Razmig Hovaghimian. Its investments include FIFA-licensed gaming startup Matchday, memorabilia marketplace AC Momento, streaming platform BallerTV, and AI company SuperAnnotate.

Who is the most active footballer angel investor?
Germany's Mario Götze — the 2014 World Cup winner — is the most prolific. His vehicle Companion-M has backed 70+ startups (including 2025 unicorns Flatpay and Parloa), writes €25k–€50k early-stage checks, and is a limited partner in 20+ venture funds including 20VC, Cherry Ventures, EQT Ventures and Merantix. He is not in the 2026 squad.

Which footballers own football clubs?
Among current players, Luka Modrić co-owns Swansea City and Kylian Mbappé majority-owns Ligue 2 side Stade Malherbe Caen through Coalition Capital — making him one of the youngest majority club owners in European football.


Raising capital and want a marquee angel on your round? Start by finding the right lead VC in our database of 949 active funds.

Need hands-on fundraising help? Explore our Fundraising Advisory services.

Share