David Beckham now co-owns an eSports team26th June 2020
Manchester United legend David Beckham is now the co-owner of Guild eSports, as he looks to raise $25 million for the start-up.
The latest venture expands the former pro footballer’s growing portfolio of business opportunities, which includes his stake in Major League Soccer (MLS) team Inter Miami FC.
Reportedly, he is taking a stake through his personal investment vehicle DB Ventures.
In doing so, the superstar has supposedly become the company’s second largest shareholder.
Guild eSports – based in London – will have three main competitive teams for three major video games, Rocket League, Fortnite and FIFA 20.
It is currently seeking a valuation of $100 million following the $25 million fundraising campaign led by Beckham.
The team will reportedly use lessons from real-life sport to coach the players it signs while also having a dedicated player academy.
“At Guild, we have a vision to set a new standard, supporting these players into the future,” Beckham said in a statement reported by the Financial Times.
The day-to-day operations will be conducted by Carleton Curtis, who recently left his role as Vice President at Activision Blizzard.
Prior to joining Guild, the former VP was responsible for the successful implementation of the Overwatch and Call of Duty eSports leagues.
Interested in reading more stories about footballers and their interest in eSports? Discover more about Real Madrid ace Gareth Bale has launched his own eSports team.