Jan 24, 2022 ·
https://esports-news.co.uk/2022/01/24/esl-faceit-acquisition-criticised-saudi-arabia-government-ownership/
Jan 24, 2022 · Two major esports tournament providers, ESL and Faceit, have joined forces under controversial circumstances. They willl now be owned by Savvy Gaming Group (SGG), which is 100% owned by Saudi Arabia ’s sovereign wealth fund – its government’s Public Investment Fund.
Saudi-backed Savvy buys ESL and FACEIT for ‘US$1.5bn’
https://www.sportspro.com/news/savvy-gaming-group-saudi-arabia-pif-esl-faceit-acquisition-merger-esports/
Jan 25, 2022 · Esports organisation ESL Gaming and competitive gaming platform FACEIT have merged after the pair were bought by the Saudi -backed Savvy Games Group (SGG).
ESL and FACEIT merge under new ownership; sold to Saudi ...
https://csgo2asia.com/esl-and-faceit-merge-under-new-ownership-sold-to-saudi-backed-group-for-over-us1-5-billion/
Jan 25, 2022 · Two of esports’ biggest tournament and league operators, ESL and FACEIT, have been acquired for reportedly a combined value of US$1.5 billion by Savvy Gaming Group , which is backed by the Saudi Arabian government’s Public Investment Fund.
ESL and FACEIT sold to Saudi Arabian backed Savvy Gaming ...
https://esports.gg/news/dota-2/esl-sold-to-saudi-arabian-backed-savvy-gaming-group-for-1-billion/
Jan 24, 2022 · ESL, one of the most recognizable brands in esports, have been sold for a reported $1.5 billion to the Savvy Gaming Group , a company backed by the Saudi Arabian government’s Public Investment Fund (PIF). The deal includes FACEIT, who will now be working side by side with ESL.
Arab News | Saudi-backed Savvy Gaming Group buys ESL in a ...
https://www.arabnews.com/business/saudi-backed-savvy-gaming-group-buys-esl-in-a-1bn-deal-2011681
Jan 25, 2022 · RIYADH: The Saudi -backed Savvy Gaming Group has acquired ESL Gaming Co. for $1.08 billion amid plans to merge it with the esports platform FACEIT. The deal is expected to close in the second...
Jan 25, 2022 ·
https://esports.gg/opinion/dota-2/how-will-the-esl-acquisition-affect-dota-2/
Jan 25, 2022 · Even before the ESL acquisition , followers of Dota 2 will have known of a seemingly more harmless transaction related to Saudi Arabia . For the past few years, a Steam account allegedly owned by Prince Abdullah bin Salman bin Abdulaziz Al Saud has made headlines.
ESL, FACEIT sold to Saudi-backed Savvy Gaming Group for $1.5 ...
https://www.shacknews.com/article/128469/esl-faceit-sold-to-saudi-backed-savvy-gaming-group-for-15-billion-usd-update
Jan 24, 2022 · On Monday, the Modern Times Group sold esports tournament giant ESL to the Savvy Gaming Group for a reported $1 billion USD. The Savvy Gaming Group is led by former Activision Senior Vice...
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