A source from HitMarker said that the Esports Guild has officially announced financial results in the 6 -month period (ending on March 31, 2022). In particular, the total revenue of the organization is 1.3 million USD and the total profit is only 0.86 million USD. The biggest achievement of Guild Esports is to sign a sponsorship contract worth 5.5 million USD, with a term of 3 years with Bitstamp.
In return, the Esports Guild announced a loss of up to 6.1 million USD. Reports from HitMarker revealed that the Esports guild was forced to cut personnel from 45 to 30 because of this financial loss. This is not very happy information in the context of the Valorant team of Guild Esports has just gained the masters 2 Copenhagen.
Guild Esports is a UK -based organization, established in 2019 and officially launched in June 2020. Notably, British football legend – David Beckham is co -owned of Guild Esports. Up to this point, the Esports Guild has established 5 teams including Valorant male, female valorant, Rocket League Fortnite and FIFA.
However, bonuses from tournaments are not the main source of revenue of guild eSports. Instead, this organization is aiming for funding contracts and is negotiating with at least 30 partners. In addition to Bitstamp, Guild Esports has been cooperating with big brands such as Hyperx, Samsung Odyssey, Razer and Subway.
