10.8 C
Manchester
Monday, December 1, 2025
NewsCreativeBeckham-backed esports team targets IPO

Beckham-backed esports team targets IPO

Guild Esports, a global esports business co-owned by David Beckham, has announced its intention to float on the main market of the London Stock Exchange, in a deal led by Zeus Capital.

Launched in June 2020, the business has quickly established a management team of esports veterans with experience as professional players, coaches and the media. Guild executive chairman, Carleton Curtis, is an industry heavyweight and architect of the Overwatch League and Call of Duty Leagues, with previous roles at both Activision and Red Bull.

Esports benefits from a rapidly growing fan base worldwide with some tournaments attracting a bigger audience than the Wimbledon tennis championships, Tour de France and the US Open.

The firm expects to use the funds raised by the listing to scale into various esports disciplines over the course of the 2020/21 season, with players expected to compete in titles including Rocket League, FIFA, CS:Go and Fortnite, as well as investing in the Guild brand

A team at Zeus Capital, comprising John Goold, Benjamin Robertson, Jamie Peel and Richard Darlington, is acting as joint broker and joint bookrunner on the transaction.

Latest

Everything Manchester businesses need to know following the Budget

A Stockport insolvency expert has outlined what businesses need to know in the wake of this week's Budget. Chancellor Rachel Reeves finally delivered her much-anticipated financial...

Kubicle Highlights Serious Global Shortfall in AI Readiness Among Businesses

Kubicle, a world-leading provider of B2B training in data, tech and AI, has warned businesses globally that urgent upskilling is required to keep pace...

J&K Ross Enhances Workplace Safety Portfolio with New Cleaning and Hygiene Product Line

J&K Ross, based in Warrington and known for its specialist PPE and workwear solutions, has broadened its product portfolio with the introduction of a...

Rio Kavanagh Introduces ‘The Commodity Strategist,’ A Practical Manual for Thriving in Today’s Commodity-Driven Economy

British entrepreneur and financial commentator Rio Kavanagh has released The Commodity Strategist, a succinct guide that equips readers with strategic insight into the increasingly...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

J&K Ross Enhances Workplace Safety Portfolio with New Cleaning and Hygiene Product Line

J&K Ross, based in Warrington and known for its specialist PPE and workwear solutions, has broadened its product portfolio with the introduction of a...

New Survey Reveals Britain is a Nation of Nosey Neighbours

A new survey by Jitty has revealed that more than a quarter of Brits (28%) have admitted that they browse property sites just to...

Money Wellness Launches New Tool Highlighting the Hidden Impact of Christmas Debt

Money Wellness has unveiled a free Christmas Debt Calculator that shows how long festive borrowing might take to repay and how much interest could...

Bolton’s business community gathers for official launch of The Wellsprings

Bolton’s entrepreneurs, business leaders, councillors and more, recently came together to celebrate the official launch of The Wellsprings, the town’s new office, meeting and...

More News

Acetic Acid: A Key Ingredient In The Textile And Leather Industry

In some chemical experiments, it’s necessary to recover a solid liquid. It’s often done to make this solution more highly boiling. However, in many...

‘Never Settle’ mantra sees rapid growth for Prospa Media

Prospa increases the team by 50% and turnover by 100% in just 6 months Manchester-based ecom growth agency Prospa Media expands their team by 50%...

MANCHESTER WOMAN WINS LASTMINUTE.COM COMPETITION TO FIND THE UK’S TOP TRAVEL PICS

A woman from Manchester has won a nationwide lastminute.com photography competition, looking for the UK's best travel shots. The travel tech leader launched the search...