eSports news is buzzing about the imminent purchase of Infinite Esports & Entertainment (parent company of the Houston Outlaws)
According to sources of Esports Insider, a solid provider of reliable eSports news, the purchasing of Infinite Esports & Entertainment is very close, with a meeting planned for Monday 20th of May in which the outcome will be announced.
news, the purchasing of Infinite Esports & Entertainment is very close, with a meeting planned for Monday 20th of May in which the outcome will be announced.
Esports Insider is claiming that Immortals Gaming Club, parent-company of Immortals, MIBR, Los Angeles Valiant, and Gamers Club, are the current front-runners to acquire a majority share in the Infinite Esports & Entertainment company, parent-company of OpTic Gaming, OpTic Lol and the Houston Outlaws.
There were reports that surfaced early last week of meetings that had taken place between Ari Segal, current CEO of Immortals, Neil Leibman and Hector ‘H3CZ’ Rodriguez, current CEO of OpTic Gaming. In these meetings, it is claimed discussions occurred with the purpose of gauging whether Rodriguez might have any interest in a potential role with Immortals Gaming Club should they successfully acquire Infinite Esports & Entertainment.
However it is believed that Rodriguez and current Founder and Co-owner of Infinite Esports & Entertainment, Chris Chaney are in talks regarding collaborating in an effort to purchase a majority share of the company in a joint effort, meaning that it is currently a two-horse race – the Immortals Gaming Club being the favorites at the time of writing to be successful in their attempt.
The outcome of the decision has not yet been released but is expected to be known following the impending meeting scheduled for today, 20th of May, ‘19. What does this mean for the Houston Outlaws? Should they be successful it is expected the Immortals Gaming Club will set up a holding company for Overwatch League franchise the Houston Outlaws until they are able to sell the franchise, reported ownership rules meaning they cannot own both the Outlaws franchise as well as the one it current owns, the Los Angeles Valiant.
If unsuccessful in their bid, it is believed that Rodriguez and Chaney will once more team up and try and acquire a spot in Activision Blizzard’s upcoming franchised Call of Duty league.
And while many expected for the situation to develop as it has, nothing is final yet. Should the deal go in their favor, it is hard to guess what the Immortals Gaming Club may be planning for the OpTic Gaming brand in the coming months. And though it is far from over yet, it is getting harder and harder to imagine an outcome in which both organizations stay fully intact.
All we can do is wait and see. To make sure you do not miss out on eSports news like this, remember to sign up to our newsletter which can always be found on our home page.