MELBOURNE, AUSTRALIA – OCTOBER 5, 2016 – LG Dire Wolves announced today the sale of a controlling stake in the team from founder, Nathan “Rippii” Mott to sports investment firm, Guinevere Capital.
Backed by business investors, Guinevere Capital is led by Managing Director, Dave Harris, who has over 15 years experience in sports and has worked across top Australian, UK and International sports organisations, including the NRL, international and domestic cricket, English Premier League and Football League.
The group will utilize their business expertise and resources to develop talent and infrastructure, positioning LG Dire Wolves for sustained growth. Guinevere Capital will work with the team to bring best practices in sports business principles across fan engagement, sponsorship, merchandising and more; as well as bringing a traditional sports perspective to areas such as player recruitment, development and wellness.
“This strategic investment is an enormous leap towards LG Dire Wolves becoming a true sporting franchise that fans can really get behind and players strive to be a part of. Back when I was a player and founded Dire Wolves, I could only dream of the opportunities we now have as a result of this investment. Getting to know Dave and his partners over the last couple of months has been a rewarding experience, and I am excited to learn as much as I can from them.” – Nathan “Rippii” Mott
“We are really excited to enter eSports, which is experiencing exponential growth, with an organisation as well established as LG Dire Wolves. We look forward to working with the strong leadership and partners already in place to assist the team with their aspirations of being competitive on a global scale.” – Dave Harris