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Prize and sponsorship cash for esports can typically run in the hundreds of thousands and audiences attain over 100million for some popular events. The corporate said that some esport tournaments have been attracting larger audiences than the Wimbledon tennis championship, cycling’s Tour de France and golf’s US Open. Beckham was the founding shareholder of Guild, which said in a statement that that some esport tournaments were attracting an even bigger audience than the Wimbledon tennis championship, cycling’s Tour de France and golf’s U.S. Beckham has an undisclosed significant but minority stake in Guild and is anticipated to remain a shareholder in the London-based mostly company, which mentioned proceeds from the share putting will be used to recruit new gamers and spend money on its model. The company’s move to the LSE will assist Beckham faucet right into a market which is projected to be value greater than £770million this yr. Globally the esports market generated $951 million in revenues in 2019 and 443 million viewers, video games and esports analytics agency Newzoo estimates.