Esports NewsLeague of Legends

Strongbow investment firm now owns Russian LoL team M19

It looks like the most famous League of Legends squad in Russia is receiving a significant boost, as investment firm Strongbow bought M19 eSports team.

Strongbow Investments, an investment firm primarily focusing on agriculture and real estate development, now owns the Russian League team M19. Strongbow is providing the team with all needed assets including the training facility Manor Nikolsky, an estate outside of Moscow with an estimated value of $22 million, in order to turn the organization into a contender on the international esports stage.

Consisting entirely of the roster that competed as Albus NoX Luna at the 2016 League World Championship, M19 is now well on its way to becoming the largest League organization in the LoL Continental League, which acts as the primary competition in the Russian-speaking region.

This isn’t the first instance of a multi-million dollar investment taking place in Russian esports. In Oct. 2015, ESForce Holdings, the holding company of Russia’s richest man Alisher Usmanov, invested more than $100 million in Virtus Pro.

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