Business
World-renowned esports team to join Elite Series
World-renowned esports team to join Elite Series.
About this update from Gfinity Plc
[{"type":"text","content":"\n \nRNS Number : 5759Z Gfinity PLC 18 December 2017 \n\n \nDissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR)\n \n \nGfinity plc\n(\"Gfinity\" or the \"Company\")\n \nWorld-renowned esports franchise to compete for the first time in Elite Series\n \nTeam Fnatic is first new franchise to be announced for third season of the esports tournament taking place in March 2018 with a prize pool in excess of £250,000\n \nGfinity plc (AIM: GFIN), a leading international esports entertainment group, announces that world-renowned esports franchise, Fnatic, will join the highly popular Gfinity Elite Series season three, which is due to commence in March 2018. \n \nFnatic is a professional esports organisation headquartered in London, United Kingdom, and has established itself as one of the leading franchises in global esports with teams competing in over 20 global competitions each year. Founded on 23 July 2004, the team has players from around the world, across a variety of games, such as FIFA, Counter-Strike: Global Offensive, League of Legends and Dota 2. Earlier in 2017, Fnatic signed an exclusive partnership with Italian football club, AS Roma. \n \nFnatic, which has been a huge part of the esports revolution with its teams winning more than $8 million in prize money, is the first new team to be announced as part of Gfinity's Elite Series expansion which sees the number of teams increase from eight to ten. Gfinity recently added EA SPORTS FIFA 18 to the line-up of titles, joining Rocket League and Street Fighter V, and teams will compete for a prize pool in excess of £250,000.\n \nPrior to Fnatic's opening FIFA 18 match, amateur players from around the world are invited to sign up for free to compete in the Challenger Series to earn a place in the Elite Draft. After six weeks of online competition, the top 40 players will enter the draft in the hope of being selected by one of the 10 teams with each drafting two players to become part of their active roster. The teams will compete in a six-week regular season in a bid to make the play-offs which will be played over a two-week period from the Gfinity Esports Arena in London.\n \nNeville Upton, Chief Executive of Gfinity, said: \"Having established the Elite Seri...