Targu1n [#14]
they might not be
Im looking for the thread atm (been over a year so gl trying to find a random org owner talking about how expensive ascending is with twitters shit search x.x), but iirc he did talk about Riot paying part of the investment back eventually
if that is the case then taking a loan wouldnt be unreasonable allowing 2g to make it
well heres a first pointer that it happend at least https://www.vlr.gg/post/3936951/franchising-updates (though the thing I remember was from a dach org owner)
https://x.com/marco_esports/status/1804278976124191076
heres ucams CEO talking about it. I distinctly remember a DACH Ceo also talking about it 1+ years ago so the numbers seem in the right ballpark.
"The business expense of complying with all the legal requirements in Germany and minimum league conditions, plus the taxes in Germany, mean that the cost of promotion is NEVER less than a million euros in the first year"
and
"it is true that there are grants from the Riot program that will be paid at the end of the year"
So huge investment, but you will be paid back parts of it eventually (you do need the funds upfront though)