Blue Star’s Guild Esports signs 17-time fortnite winner ‘Rezon’
(GILD ) has signed Lennard Sill, a German fornite player known as “Rezon ay” or “Rezon” who is a 17-time tournament winner, as the newest member of its Fortnite team.
Guild, which is co-owned by David Beckham and the first esport organisation to have listed on London’s stock exchange, said Rezon has signed a one-year contract which has an option to renew for another year. Guild is the first professional esports organisation Rezon has joined.
It said his signing maintains Guild’s standing “as the number two Fortnite team in Europe.”
Rezon will be competing under the Guild banner in all upcoming European and international Fortnite tournaments. His first appearance will be this weekend in the FNCS: Grand Royale.
The prize money available for the European winners of the FNCS:Grand Royale is $2.5 million, the highest prize money available for a Fortnite competition in 2021, Guild noted.
The 17-time tournament winner who has won earnings of over $300,000, has consistently ranked within the top 10 in Fortnite Champion Series (“FNCS”) tournaments this year.
These achievements include winning 3rd place in FNCS Season 5 in March 2021, 5th place in FNCS Season 6 in May 2021 as well as 5th place in FNCS Season 7 in September 2021.
Rezon has a large social media following with over 700,000 subscribers; 369,000 followers on Twitch, 151,000 on Twitter, 140,000 on Instagram and 139,000 on YouTube subscribers.
The company explained that Rezon will be competing alongside Guild’s other top-ranked players including Henrik Mclean (‘Hen’); Anas El-Abd (‘Anas’) and Jannis Matwin (‘JannisZ’).
As one of the most popular esports, Fortnite has over 350 million players worldwide. In December 2020, a record 15.3 million concurrent players took part in the Galactus in-game event, an event that was watched by 3.4 million fans on Twitch and YouTube gaming.
Commenting on the news, Kal Hourd, Chief Executive of Guild Esports, said: “Rezon has a proven track record as one of the most talented Fortnite players in Europe and his addition to our tournament-winning team further cements Guild as a leader within the esport scene.”
In its half-year results to 31 March 2021 released in June, Guild Esports said it was on track to achieve its first-year sponsorship revenue targets as revenues continued to grow strongly.
The esports organisation co-owned by David Beckham hailed its position as the First esports team’s organisation to list on the LSE, which executed whilst raising £20m in the process.
At the time, the Company stated that its new business pipeline ‘continues to be robust’ and that it is currently in discussions with potential new sponsors to sign further deals for its core inventory (being main shirt partners, HQ naming rights, academy sponsors and regional partners), as well as exploring opportunities for strategic partnerships and content deals.
Guild Esport’s investors include London-listed Blue Star Capital. To date, the investment company, which is focused on investing in new technologies, has invested around £0.706 million in Guild Esports, and holds around a 5.95% of the issued share capital of Guild.
Guild was admitted to the Official List and started trading on the standard segment of the London Stock Exchange in October 2020 to take advantage of the growing esports markets.
Blue Star says the esports market is experiencing significant growth. In 2020 it was estimated at c.495m viewers and is projected to reach around 646 million viewers by 2023. This is expected to result in revenues growing over the same period from $950m to $1.60bn.
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