Guild's largest sponsorship deal signed with Sky
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Press release
26 September 2022
Guild Esports PLC
("Guild Esports" or "the Company")
Guild's largest sponsorship deal to date signed with Sky UK
Guild Esports (LSE: GILD), a global team organisation and lifestyle brand, is pleased to announce the signing of a three-year global sponsorship agreement with Sky UK Ltd. ("Sky"), one of Europe's leading media and entertainment companies.
This deal is Guild's largest to date and is payable exclusively in cash via instalments over the period of the contract. It is the eighth revenue-generating sponsorship signed by the Company since its IPO on the London Stock Exchange.
The deal is understood to be one of the largest ever esports sponsorships signed in Europe and will see Sky become the Official Premier Partner of Guild Esports. It is also Sky's first agreement with an esports organisation and becomes effective from Monday 26th September, 2022.
As part of the partnership, Sky gains exclusive naming rights to the Company's 9,831 sq ft head office facility in London's Shoreditch. In addition, it has been appointed as Guild's Official HQ Partner, Official Wi-Fi and Broadband partner, and the Official Network Provider. Sky's branding will appear prominently on Guild's team jersey and will be displayed across both the interior and exterior of the HQ, which will be renamed the Sky Guild Gaming Centre. Sky's next-generation ultrafast, full fibre broadband and Wi-Fi will also drive Guild's internet and telecoms communications links across the organisation as well as for its Academy and fanbase engagement.
The partnership will allow Guild and Sky to work together on shared brand values and effect positive change in line with three core partnership commitments, which include: providing greater opportunities for women in the esports industry, creating best practice in delivering top esports performance and coaching development, and delivering exclusive esports competitions for Sky VIP customers across all of Guild's gaming titles.
The agreement will allow Guild to launch an all-female Rocket League team, building on the success of Guild's all female Valorant team, Valorant X, signed in September 2021. Sky and Guild are committed to fostering greater female participation in gaming and creating an inclusive environment through shared thought leadership, education, promotion and the establishing of viable professional opportunities for women in esports.
David Beckham, Investor in Guild Esports, said: "It's great that Guild Esports has a fantastic new partner in Sky and I'm pleased to welcome them to the Guild family."
Kal Hourd, Chief Executive of Guild Esports, said : "We are incredibly proud to welcome Sky, a media, entertainment and connectivity powerhouse, to the esports sector. We believe this partnership will drive Guild to the highest levels of performance in top-flight esports across the four games where we field our pro-players, as well as to become a global leader in coaching and performance.
"As our Official Premier Partner, we are proud to display Sky's logo and branding across our players' jerseys and our London HQ as well as use its next-generation ultrafast, full fibre broadband and Wi-Fi. The partnership will allow us to invest not just in player performance, but in our long-stated goal to become a global leader for women in esports, starting with the launch of our all-female Rocket League team, encouraged by the huge success of our Valorant X team. Our shared values are an excellent foundation for a strong partnership, and we look forward to working with Sky over the next three years.
"This landmark partnership with Sky not only underlines Guild's strength and value proposition as a top European team organisation to major brands but is also a testament to esports' mass popularity as the fastest growing form of sports entertainment with a young and passionate global audience."
Stephen van Rooyen, EVP & CEO, UK and Europe at Sky, said: "Sky transformed the way families watch TV, now we want to transform the gaming experience. In esports every second counts, so Sky's full fibre broadband will be perfect for Guild's gaming HQ. Speed and reliability, hallmarks of Sky's broadband service, will give the Guild team and gamers across the nation the edge over the competition."
For further information please contact:
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Guild Esports |
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Kal Hourd Chief Executive Neil Thapar Investor Relations |
via Tancredi +44 207 887 7633
+44 7876 455 323 |
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Tennyson Securities |
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Corporate Broker Peter Krens |
+44 207 186 9030 |
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Zeus Capital |
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Corporate Broker Benjamin Robertson |
+44 203 829 5000 |
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Tancredi Intelligent Communication Media Relations |
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Salamander Davoudi Helen Humphrey Charlie Hobbs guild@tancredigroup.com |
+44 7957 549 906 +44 7449 226 720 +44 7897 557 112 |
Notes to editors:
*Ofcom's Online Nation 2022 report says over 60% of UK adults play video games on mobile, consoles or PC. 31 million calculated as 60% of current UK adult population (53 million).
About Guild Esports:
Guild Esports PLC is a global fan-focused team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of esports veterans and co-owned by David Beckham. The Company is headquartered in the UK and its shares are listed on the main market of the London Stock Exchange (ticker: GILD) and on the OTCQB Venture Market in the United States (ticker: GULDF). Please visit www.guildesports.com for more information.
About Sky
Sky is one of Europe's leading media and entertainment companies and is part of Comcast Corporation, a global media and technology company that connects people to moments and experiences that matter. At Sky we Believe in Better. It's in our DNA.
We're famous for innovation. We offer streaming services NOW and WOW; the world's smartest TV, Sky Glass; and the best aggregation platform, Sky Q. We provide connectivity you can count on in mobile, and fast, secure, reliable residential and business broadband.
We're Europe's premium content producer. We create award-winning original content, produce the biggest live sporting events, and we provide free access to news and the arts.
We believe that we can have a positive impact on society, by supporting and creating tens of thousands of jobs, addressing digital inequality, being a diverse and inclusive employer, and becoming net zero carbon by 2030.
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