Swedish media company Modern Times Group (MTG) is purported to have bought out the E-Sports Entertainment Association (ESEA), according to a report by Richard Lewis on Breitbart.com.

This July it was announced that Swedish media company MTG had purchased a 74% ownership stake in the Electronic Sports League (ESL), which is part of the game branch of Turtle Entertainment, for €78 million.

Two weeks ago, it was additionally alleged that MTG were looking into acquiring Swedish esports company DreamHack, via a report by breakit.se.

According to a new report released by Richard Lewis on Breitbart.com (a conservative news and opinion site), sources confirmed to Lewis that MTG's interests in purchasing DreamHack were true but that talks had hit a "stumbling block" over the company's valuation.

ESEA trophies for CS:GO, CS 1.6 and TF2

ESEA bought out by MTG?

Lewis in addition happend to learn that MTG had purchased ESEA, the popular North American league and esports company whose partnership this year with ESL to host a $1 million CS:GO league has defined a new tier of premier-level play.

The acquisition has been a "complete buyout," with wide-reaching consequences for the organisation:

"[it] would lead to a change in the upper echelons of management and ownership. One source also confirmed that it means that controversial ESEA owner, Eric Thunberg, who has presided over and fueled some of the biggest controversies in the company’s history, will be leaving. They added, 'He won’t be missed,'" Lewis wrote.

Considering the amount of overlap behind the scenes in these organisation's management structures (controversial ESEA co-owner Eric "lpkane" Thunberg was once a co-owner of Turtle Entertainment for example), such consolidation was likely effected with higher facility than the bids for DreamHack.

There is speculation in the original report that MTG's attempts to acquire "these three properties would facilitate the introduction of a global tour that teams could be compelled to compete in ahead of competitor’s tournaments," which rings slightly of the original exlusivity league mentioned earlier this year.

On ESEA's forums, Thunberg commented and denied "any deals being done" and said he would stay involved in the ESEA environment if a buy-out did occur.

stich writes for HLTV.org and can be found on Twitter