LDN UTD announces new investor

UK grassroots esports organisation LDN UTD has announced Sree Varma as a new minority investor.

Sree is CEO of sports industry networking platform and community iSportconnect, and now he’s a part of LDN UTD, which fields a team in the League of Legends UKEL.

The news comes just over a month after LDN UTD announced that former ESL UK exec Jacob Harrison had joined as the org’s chief gaming officer.

Oliver Weingarten, CEO of LDN UTD, said: “I am delighted to have Sree on board to support LDN UTD and our values.

“From the outset of our discussions, it was clear that Sree and I were aligned on how esports can be used as a positive mechanism to address societal issues at the same time as building out and engaging the grassroots gaming community.

“I’ve known Sree and been involved in iSportconnect events for a number of years, and have huge respect for his entrepreneurial skillset. I look forward to working collaboratively with Sree to build out LDN UTD’s investor and partnership roster, and also to see how he fares in a game of FIFA!”

Sree Varma (pictured above) said:

“By using esports to better the community LDN UTD are crafting a fantastic message that really resonates with the general public.”

Sree Varma

“I am delighted to become a part of the organisation as I believe there is a definite need for a company such as this, and I see huge potential for growth over the coming years, particularly as esports becomes a more central cog in the sporting world.

“The management team of Olly and newly appointed Chief Gaming Officer, Jacob Harrison, are poised to deliver on LDN UTD’s values, and I look forward to contributing.”

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