Beckham’s Guild to Kick off London IPO as Esports Flourish

September 9, 2020

Guild, which owns and develops esports teams, intends to raise 20 million pounds by listing around 40% of its shares, giving it a valuation of 50 million pounds, a person with knowledge of the matter told Reuters on Wednesday.

Beckham was the founding shareholder of Guild, which said in a statement that that some esport tournaments were attracting a bigger audience than the Wimbledon tennis championship, cycling’s Tour de France and golf’s U.S. Open.

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