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_modificationDate | Datetime | 2024-10-16 11:13:46 PM |
_pageID | Integer | 7,906 |
_pageName | Page | DCB Sports to Acquire Guild Esports |
_pageTitle | String | News/DCB Sports to Acquire Guild Esports
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_pageNamespace | Integer | 0 |
"News" values
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Field | Field type | Allowed values | Value |
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image | File | | |
image_alt | String | | |
tags | List of String, delimiter: , | | Guild Esports |
targets | List of Page, delimiter: , | | |
date | Datetime | | 2024-10-16 11:10:09 PM |
author | Page | | Dante Uzel |
category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Mergers and Acquisitions |
game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
content | Text | | DCB Sports has fully acquired all assets of [[Companies/Guild Esports|Guild Esports]] for £100,000 (approximately $130,181.50) in cash. The new legal entity, named Guild Esports and Gaming Ltd, will assume over £2 million (around $2,603,630) in liabilities. To prevent confusion, the original entity will be renamed Cassel Capital PLC.
This acquisition comes nearly two months after Guild Esports publicly revealed it was exploring various options to address its financial difficulties. Following the transaction, CEO Jasmine Skee has resigned, while Derek Lew and Brian Stockridge will continue as non-executive directors.
The decision to pursue the acquisition followed efforts to cut costs and secure loans and additional equity funding, with directors assessing the company’s future. Founded in 2020, Guild Esports has established itself as a leading UK esports organization, co-owned by football legend David Beckham. The organization has competed in several titles, including Tekken, Apex Legends, and Counter-Strike, and has partnered with brands like Sky and Subway.
'''More:'''[[News/Team BDS Reveals New Event|Team BDS Reveals New Event]] |
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source | Page | Esports.net |
url | String | https://www.esports.net/news/guild-esports-acquired-by-dcb-sports/ |
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