David Beckham’s Esports Team to Float on London Stock Exchange

September 9, 2020

David Beckham’s esports team is to float on the London Stock Exchange to raise tens of millions of pounds to fund its entry into the booming world of online gaming.

London-based Guild Esports, which was incorporated last September and officially launched three months ago, plans to raise £20m. Beckham is understood to hold a stake of less than 25%, the second-biggest shareholder, which is likely to be worth about £10m when the company floats next month at a valuation of about £50m.

Read the full article here: https://www.theguardian.com/