If they won't make it into NA franchising, is there a world where RIOT would let them into EMEA franchising? They were one of the oldest EU Valorant org. Don't know about their ability of paying EU player salaries.
I think they're still more likely to get into NA franchising than EMEA, i mean, you even have teams like G2 trying to switch to NA for franchising (not sure if that's about franchising or wanting to be more NA based though). so many teams in NA and EMEA will be higher up on priority in franchising than them
Most probably NA franchising will have only 2 spots for BR, One of them is LOUD. There are strong contenders like Furia and Vivo Keyd in BR who have a bigger fanbase and originated in BR. As an org, NIP have a decent EU fanbase and they can bring Valorant to Swedish people than Guild could. And NIP is one of the oldest EU Valo team and maybe have hosted tournements before VCT began (Not sure about that). Dunno what will happen.
they're right now the second best team in BR, probably wont change roster just because of frenchise and i pretty sure they'll get the second spot (no one knows how many spots will be separated, if it'll be at least two in BR are LOUD and NIP) , plus, if they aply to frenchise, in NA i think is cheaper than EU