It has also been revealed that the Premier League football club’s owners, Fosun Sports Group, have made a minority investment into Evil Geniuses. Although financial details of the investment have not been revealed just yet. Founded in 1999, Evil Geniuses holds one of the most decorated histories in esports, winning 86 national and 102 international championship titles, making it an attractive investment for Fosun Sports Group.
What’s to comeTheir new partnership with the Wolves is expected to enable Evil Geniuses to continue expanding into global markets. This will include utilizing Wolves’ expertise in the Asian market and its local training facilities to further the organization’s expansion. Despite not providing an investment figure yet, the announcement of the partnership stated that Evil Geniuses is valued at $255 million (approximately £183.8 million) post-investment.
The chief executive officer of Evil Geniuses, Nicole LaPointe Jameson, has stated “We are thrilled to partner with Wolves, a storied football club and strong sports and entertainment brand that aligns with our values and mission.” She also commented that “This deal will help power Evil Geniuses’ expansion into the Asian markets while also providing new capital to sign more world-class players and grow into new esports titles.”