Milan, Italy-based esports occasion organizer PG Esports modified possession. The co-owner of the gaming-focused client present Milan Video games Week, occasion organizing firm Fandango Membership, bought a 51% stake in PG Esports to Gruppo Amodei. Gruppo Amodei is the Amodei household’s asset administration agency, which is presently headed by Roberto Amodei and owns a number of newspapers, together with the each day sports activities newspapers Corriere dello Sport-Stadio and Tuttosport. The monetary phrases of the acquisition weren’t disclosed.
In response to an announcement, PG Esports’ founder Pier Luigi Parnofiello will proceed operating the corporate and PG Esports will preserve its headquarters on the Fandango Membership campus the place its manufacturing and casting studios are positioned. Parnofiello owns a 15% stake in PG Esports.
Moreover, PG Esports, which presently organizes nationwide leagues and tournaments in League of Legends and Rainbow Six in Italy, goes to proceed its strategic partnership with Fandango Membership, which is concerned in working its occasions and nonetheless holds 34% of PG Esports’ shares.
Corriere dello Sport-Stadio and Tuttosport writer Robert Amodei famous that he’s additionally trying to cowl esports in his newspapers.