EXCEL ESPORTS raises €20m through investment round

British Esports organisation EXCEL ESPORTS has completed a €20m (~£17m) investment round to fund its expansion and new headquarters. The round, which was first reported by Sky News, was led by investment firm JRJ Group. The company previously acquired a majority...

Schalke 04 LEC spot sold to Team BDS for €26.5m

German football club Schalke 04 has completed the sale of its League of Legends European Championship (LEC) licence to Swiss esports organisation Team BDS. According to the announcement by Schalke 04 Esports, the spot will be sold at the end of the Summer Split 2021...

Reported: Schalke 04 open to selling LEC spot for up to €20m

German football club Schalke 04 is looking into the possibility of selling its place in the League of Legends European Championship (LEC), according to reports by French newspaper L’Équipe. According to Paul Arrivé of L’Equipe, Schalke’s LEC spot is estimated to cost...
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