Since its inception in 2019, the image of GUILD Esports has been sparked by the image of famous footballer David Beckham. But a good publicity gimmick is not enough to save a competitive club’s cash flow. The British build, available on Fortnite, FIFA or even Valorant, has just released the first summary of the annual report, which is not really reassuring. posted by website Hitmarker.netmentioned in the report $11.8 million opened in 2021 alone.
On the other hand, GUILD Esports will generate “only” $2.6 million in revenue over the same period. Therefore, the balance sheet of Beckham Sports Club (which is a minority shareholder) is clearly in the open, even if the leaders are still convinced that the project is capable of generating profits and that they can be satisfied with the sponsors involved.
GUILD Esports partners are indeed quite impressive. As hitmarker.net states HyperX, Subway and Samsung together account for the club’s $5.2 million in revenue. On the other hand, trading in GUILD branded products is always a disgrace.
GUILD Esports reports that the costs of esports team structure, as well as the launch of bold projects like the GUILD Academy (Sports Education Program in Colleges), paved the way for this composite annual report.
Source : Millenium
