For LPL fans, Invictus Gaming (IG) is always a very special name. They are the first team to bring home the World Championship title to this region and opened a period of strong development for the LPL. Furthermore, excellent members of IG 2018 such as TheShy, Rookie… also became the idols of many gamers and have great reputation until today.
IG is the first LPL team to win Worlds
However, just a few days before MSI 2024 took place, the LPL side had to receive extremely sad news from one of their prides. Specifically, manager Guokui of the Invictus Gaming (IG) team recently shared pessimistic comments about the home team's financial situation. This team is even at risk of being expelled from the LPL tournament if there is no solution.
“Not only do we have no money, but we are saddled with a huge debt. This has been going on for a long time, about 3 years now, and it has only gotten worse over time. I'm actually feeling extremely tired and want to give up because the team doesn't have any way to make money” – IG's manager shared bitterly.
IG's manager made a revelation that surprised the audience: “We (IG) operate without any money. The team even had to bear a huge debt. This has been going on for a long time, about 3 years now, and it's only gotten worse over time.”
Before IG, another LPL team, RNG, also fell into a similar situation when facing financial difficulties and too much debt. Even at the end of 2022, RNG will also receive a warning of expulsion directly from the LPL BTC if this problem cannot be resolved. Most likely this is the reason this team had to sell big stars like Bin, Xiaohu, GALA and caused their performance to continuously decline in recent times.
Despite being the MSI 2022 champion, RNG then had to sell big stars like Bin, Xiaohu, and GALA to “make up for losses”.
However, RNG's financial situation at that time was not as bad as IG's currently as their debt did not last more than 3 years. Therefore, the same thing will likely happen to IG when they will have to receive a warning from LPL BTC. IG's current disadvantage is that they do not have a single player considered a star in the squad. If RNG could previously “make up for losses” with transfer money from Xiaohu or GALA, IG cannot currently do this. This makes it entirely possible that IG will be expelled from LPL due to financial problems.
The current IG squad does not have high-caliber star players to help them solve their financial problems with transfer money.
“No one wants to follow in RNG's footsteps. But IG understands RNG and becomes a new RNG” – A bitter viewer commented.
“Maybe they are preparing to sell a copy of the World Cup trophy” – Another fan sarcastically shared
“Agree that in the past 3 years IG has had financial difficulties but it's not that bad, right? They also entered the LPL playoffs. They even sold Xun and Zika. Why do they say they can't Do you have money? How valuable are the previous contracts?” – Another gamer was quite upset about IG's situation.
Basically, IG is an Esports organization with a long tradition as they were the first LPL team to win Worlds. It's sad that IG's performance is going down day by day, leading to stars leaving one by one. It is very likely that this is the main reason leading to IG's high debt situation at the present time. If there are no plans to completely resolve debts, it is probably only a matter of time before IG is “discarded” from the LPL tournament.
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