since I never saw anybody organizing online tourneys on PC I myself would give it a go.
Ofc there are no prices to be won but your gain would be to level up consistently and the winner is honoured by beating the best.
If enough people are interested I would start this off, see where I can do better and continue the fun regularly.
What would be the preferred time for everyone?
Laggers will be thrown out. You have to be from Europe to partake.