The 2nd Esports club went IPO in the world
David Beckham’s Guild Esports became the Second Esports Club that went IPO around the world with raising UK£20m in its London IPO.
With the develop of esports industry, there are many esports clubs around the world that we are familiar with and I believe many of you must have your favoured esports team.
See this huge commercial potential in this industry many big investors are heading for this new opportunity, among them there are a few celebrities like David Beckham, who just invested around $319,000 in Guild Esports in a very heavily publicized way that was done through another of his businesses, DB Ventures on June 12 this year.
The investment makes him the fourth-largest shareholder in Guild Esports with a 4.78 per cent stake. And naturally his star power will further aid the company’s development.
As for now, Guild plans to compete in Fortnite, CS:GO, Rocket League and FIFA, while it is looking to generate revenue through tournament winnings, digital marketing opportunities, sponsorship, membership, merchandise and promotional tours and events.
Also a new report from The Esports Observer has suggested that soccer superstar David Beckham will be paid almost $20 million over the next five years by Guild Esports, a company he recently invested in, which makes him the biggest winner of this IPO.
The report states that this deal was signed in May 2020, well before Beckham invested in the company.
Beckham will receive an annual fee equal to 15% of the proceeds of all of Guild’s merchandising sales and sponsorship revenues, but there are guarantees, which rise every year, starting at $2.92 million and ending with $5.15 million.
These payments are reportedly due in advance, so at the signing of the deal, Beckham’s company was paid almost $3 million, before he even invested in Guild.