Guild Esports ceases all operations due to financial challenges

After years of struggling to stay afloat, Guild Esports has officially announced that it is shutting down. This news was shared through a lengthy statement across its social media handles and website. Once co-owned by retired football star David Beckham, it has faced several controversies, financial struggles, and even ownership changes in the past few years.

On that note, here's a brief look at Guild Esports' history and the official statement.

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Guild Esports: Journey brief and shutdown statement

Guild Esports was founded in 2020 and boasted a strong roster in some of the biggest esports titles, including Fortnite, Counter-Strike 2, Rocket League, Apex Legends, and more. The company went public on the London Stock Exchange in the same year and raised over £20 million during its IPO.

The organization's most successful roster was in Fortnite, amassing over $3 million in tournament winnings. The majority of this success came thanks to Anas, who won multiple S-tier tournaments in 2021 and 2022, including multiple high placements in FNCS events. Besides Fortnite, other rosters performed well, but not enough to make a global impact. This eventually resulted in most of the teams slowly disbanding.

Public statement on the website (Image via Guild Esports)

In 2024, the organization was acquired by DCB Sports, which took it private again. However, this shift was not enough to turn things around. On August 21, 2025, the organization officially announced that it would cease all operations due to financial challenges, which made its continuation "impossible":

"An Important message from Guild Esports & Gaming Limited After careful consideration, we must share the difficult news that Guild Esports & Gaming will be closing. Despite our best efforts, financial challenges and the current economic climate have made it impossible for us to continue operating. From day one, our mission extended far beyond competition."

Some people in the esports scene are accusing Guild Esports of unpaid salaries. While this controversy regarding unpaid salaries and prize money has lingered for a while, the situation has become exacerbated since the announcement of its shutdown. For now, the organization has not addressed whether it plans to resolve those claims.

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About the author

Harshit Singh is a gaming journalist at Sportskeeda, with Fortnite, Counter-Strike 2, and Marvel Rivals being his areas of specialization. A final-year B.Des (Visual Communication) student at Delhi Technological University, he is always eager to pursue creative endeavors. Harshit aims to deliver news and up-to-date content promptly to players around the globe. To that end, he acquires information from reliable forums and social media pages and religiously tracks the latest coverage of Fortnite — a game he has been playing since 2018. He is often found testing the new meta in-game or spectating competitive tournaments.

Harshit holds a deep love for video games, which stemmed from the hours he spent playing GTA Vice City, NFS Most Wanted 2005, FlatOut 2, and Total Overdose in his school days. Currently, he is veering towards story-driven, single-player games, with Red Dead Redemption 2 being one of his favorites.

Harshit is an ardent fan of esports titles like CS, Rocket League, and Valorant, with Fnatic, EDG, G2, and Astralis being a few of his favorite orgs. Counter-Strike pro Xantares and Benjifishy, an esports athlete who has mastered both Fortnite and Valorant, are inspirational figures for him.

Harshit works as a music producer under the alias Hysaze. He is extremely passionate about EDM and has garnered over 40 million streams across all platforms. He is also a regular contributor to Fandom’s EDM Wiki.

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Edited by Sijo Samuel Paul