Sharks Esports, a Portuguese organization well known to Brazilian fans, is reportedly aiming to acquire one of the most iconic clubs in the region’s esports history — MIBR. To do so, the organization is actively seeking investors and planning a full restructuring of the brand.
Sharks’ plan: investment amount and budget allocation
According to Dust2 Brasil, Sharks is looking to raise between €3 million and €5 million (approximately R$19–32 million). Up to €3 million would be used to acquire MIBR directly, while the remaining €2 million is intended for developing the organization itself — its teams, infrastructure, and media platform.
Brand competition and the two-team dilemma
In addition to Sharks, there is reportedly at least one other potential investor keeping an eye on MIBR, although there is no confirmed evidence of ongoing negotiations.
If the deal goes through, Sharks will face a conflict of interest: Valve and most major tournament organizers prohibit two teams with the same owner from competing in the same event. This means one of the CS rosters — either Sharks or MIBR — would have to be sold or disbanded.
What Sharks and MIBR currently offer
As of now:
- MIBR has three CS rosters (main, women’s, and academy), three VALORANT teams (mixed, inclusive, and academy), and three battle rap MCs;
- Sharks operates a main and academy CS roster and collaborates with prominent streamers, including sacy and nak.
Where both sides stand: Sharks CEO and MIBR response
Sharks CEO João Duarte neither confirmed nor denied the acquisition talks, but stated that if such a deal happens, Sharks will rely on a mix of its own funds and strategic investor backing.
He also described MIBR as a more experienced organization with strong infrastructure, while portraying Sharks as a younger but promising team. In response, MIBR stated that the club has indeed been exploring investment and strategic partnership opportunities for over a year, but emphasized that no formal negotiations are currently underway.
Source: dust2.com.br
