London-based esports organization Guild Esports announced via a public filing this week that it has changed its name Cassel Capital PLC. In a separate filing the company noted that its accounting reference period of Sept. 30, 2024, has been extended to Jan. 31, 2025, with subsequent periods ending on the same day and month in future years.
In October 2024, the London-listed esports organization co-owned by former soccer star David Beckham, announced the completion of its asset sale to California-based DCB Sports LLC. The transaction marked a significant turn for Guild Esports, which struggled financially since its highly publicized initial public offering (IPO) in 2020.
At the time, DCB Sports acquired 100% of Guild Esports’ assets in exchange for assuming all disclosed liabilities. Details on that transaction can be found in this report.
The California-based investment firm focuses on sports teams and leagues, with an investment portfolio that includes the Big3 basketball league, The Bay Golf Club, Italian soccer team Venezia FC, and the Tiger Woods/Rory McIlroy founded sports media company TMRW Sports.
As far as we know, Guild still fields professional teams in Apex Legends, EA FC, Fortnite, PUBG Mobile, Street Fighter V, and in competitive sim racing.
On a related note an interim and rudimentary company website has been launched at casselplc.com.