RE: £5.7m Total Liabilities, cash £25k.......5 Aug 2024 09:39
The David Beckham-backed gaming company Guild Esports has received a takeover offer from the investment group DCB Sports after it warned last week it was facing a financial crisis.
The London-listed esports business said the investment firm, which specialises in the sports and entertainment space, would acquire 100 per cent of its assets if the purchase was successful.
However, no purchase price was mentioned in the release.
Last week, Guild Esports revealed it only had £25,000 left in its accounts, which sent the company’s share price plummeting to a record low of 0.012p. Guild’s market value also plunged to just £1.3m.