Semper Fortis Esports PLC - London-based professional e-sports team operator - Ends all contracts with previous esports talent associated with the company. Says the sale of SMPR Esports Rocket League player 'Archie' to Oxygen Esports, marks the end of all existing contracts. Plans to revamp the SMPR esports strategy in the coming quarter. As a result, SMPR Esports will not be competing in the coming RLCS Rocket League Fall Split 2022.
"SMPR Esports and its management will now look to develop a new strategy for its esports vertical in effort to continue competition and content for the brand," the company says.
Chief Operating Officer Jassem Osseiran says: "We would like to thank all of our talent for their dedication and efforts during their time with SMPR Esports. We will look to build on what we have established as an organisation and as a brand to find an optimal strategy for the company to move forward in this space."
Current stock price: 0.475 pence
12-month change: down 76%
By Sophie Rose; sophierose@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.