CR4ZY has canceled contracts with all of their esports teams, which means disbanding the entire operation. The reason given by this Croatian esports organization is due to financial difficulties caused by the impact of the COVID-19 epidemic.
The organization previously invested in several rosters in Dota 2, CSGO, League of Legends, and VALORANT.
“In early 2020, our goal is to expand into potential esports like CS:GO, Dota 2 and Rainbow Six: Siege. But the world soon became a completely different place due to the COVID-19 epidemic… forcing the whole world to adapt.”
CR4ZY also said that although “teams have tried their best to meet expectations”, the problem of the Covid epidemic and the cancellation of major tournaments like The International 10 have had a heavy impact on the organization and its players. surname. This forced the club to stop all contracts with teams so that the company could “survive another year”. Although this is a step backwards, CR4ZY still hopes to grow in the future even though it is currently disbanded.
“With limited mobility, regional leagues on hold, and less investment/cooperation, we believe it is time to re-evaluate our business strategy in 2020 and prepare for it. for 2021”, CR4ZY said.
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