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EXPOSE: Guild Esports– was a £5.5 million cash payment to David Beckham not properly recorded in the interim accounts?

By Tom Winnifrith, the Sheriff of AIM | Saturday 23 October 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


On 30 June 2021, Guild Esports (GILD) published its interim financial statements for the six months ended 31 March 2021 which showed cash and cash equivalents of £15.86 million.  These interim financial statements were unaudited and unreviewed by their auditors.  However, they did state that they had been prepared in accordance with International Accounting Standard No 34. Hmmmm.

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