German football club Schalke 04 is looking into the possibility of selling its place in the League of Legends European Championship (LEC), according to reports by French newspaper L’Équipe.
According to Paul Arrivé of L’Equipe, Schalke’s LEC spot is estimated to coast anywhere up to €20m (£17.2m), which is significantly higher than the €8m (~£6.89m) price tag that the esports organisation reportedly paid in 2019 to enter into the franchised league.
The news of Schalke potentially selling its League of Legends is said to be due to the ongoing pandemic and the football club’s current financial situation.