According to Striker, there’s seemingly little to no Danish/local interest in buying the Astralis brand
According to Striker, there’s seemingly little to no Danish/local interest in buying the Astralis brand
6 Comments
It’s pretty hard to go bankrupt with $25MM of cash on the balance sheet….
Honestly this doesn’t surprise me in the least. Astralis as a brand has been a shitshow the past few years, why would you want to be associated with that? It’s been bad results and bad/scummy management practices across the board. Sure it’s the organisation that won 4 majors, of which 3 in a row, but if these days you ask someone what they think of when they think about Astralis it’s not those 4 majors anymore
Astralis has been involved in controversy after controversy since its inception. It’s easy to overlook that because they ended up winning all those majors, but if you go back as far as the original Kerrigan benching there was already issues with ownership at that point. You’re not just buying 2 years of baggage, you’re buying 7 or 8 and it’s just not worth the risk.
Must be general mistrust of Esports and missing capital. You can make a lot of the money back just by selling device jerseys and making Majors i imagine
I hear Pimp and Dupreeh may be interested in the brand
garbage management has driven the brand directly into the ground. if nobody wants to buy that extremely recognizable brand name you know that their books are cooked, maybe in both senses of the word