Brazilian esports organisation Los Grandes will formally enter the CBLOL (Brazil’s franchised League of Legends competitors) after buying 20 % of Simplicity Esports’ Brazilian subsidiary Simplicity One.
Simplicity’s Brazilian subsidiary at present runs CBLOL franchise Flamengo Esports. Because of the acquisition, the Brazilian organisation will rename the crew Flamengo Los Grandes.
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Los Grandes will instantly take over Simplicity’s Brazilian League of Legends operations. In line with an interview with Los Grandes house owners Rodrigo ‘El Gato’ Fernandes and Rodrigo Terron for Brazilian information web site GE, the licensing cope with Flamengo is not going to be renewed and the organisation will likely be referred to as Los Grandes from January 2023.
Moreover, Los Grandes plans to purchase one hundred pc of Simplicity’s Brazilian subsidiary by the tip of subsequent 12 months, one thing that was foreshadowed within the 20 per cent buy contract. The acquisition was negotiated by Los Grandes’ enterprise associate Druid.
In a press launch, Los Grandes Founder Rodrigo ‘El Gato’ Fernandes, commented: “After we began dreaming about becoming a member of CBLOL, we began searching for options out there available in the market and understood the challenges we had forward.
“This union with the Flamengo crew was the best choice for us to make the transition to this new modality, progressively attending to know this situation higher.”
Simplicity is not going to be the one firm concerned in Los Grandes’ transfer. In September 2020, peripherals model Redragon acquired a 7.5 % stake within the Brazilian Simplicity subsidiary.
Since signing a model licensing cope with Clube de Regatas Flamengo — certainly one of Brazil’s hottest soccer golf equipment — in 2020, Simplicity has secured different partnerships utilising Flamengo’s identify. The branding was sublicensed twice within the Brazilian Free Fireplace League (LBFF), first with B4 and later with TRT. Furthermore, the organisation teamed up with Italian organisation QLASH for Brawl Stars.
RELATED: Redragon to accumulate 7.5 % of Flamengo Esports from Simplicity Esports
The US-based organisation has endured a turbulent historical past in CBLOL. Regardless of profitable its Academy division 3 times in a row since 2021, Flamengo’s final CBLOL title occurred in 2019. Furthermore, the Brazilian organisation has dealt with a number of controversies concerning its crew administration.
A kind of controversies, which in the end peaked at a blackmail accusation towards Jed Kaplan by League of Legends coach Alexander ‘Abaxial’ Haibel, even led to an investigation carried out by Riot Video games Brazil. Nonetheless, the crew administration shift, as Los Grandes steps in, releases the writer to take motion on this matter.
Esports Insider says: This can be a large and promising step by Los Grandes because the organisation enters Brazil’s important esports league. The impact this may have on Simplicity is unknown, nonetheless, because it’s publically traded within the US below the image WINR, it is going to be fascinating to observe how shares will react after the announcement.
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