you need money to build an arena, hence why I said they need to monetize themself and expand off it (build an arena and make even more money off it). kcorp is not broke and will continue to not be broke if the arena does well because they are properly expanding their business and having strong revenue streams.
A lot of orgs have technical funding, as in their owners are rich, the thing is all esports orgs are an investment, so you're going to lose money
KC feels and is rightly justified that spending more money on themselves is worth it, The Guard are a rich team, but the owner doesn't feel it's worth the investment HUGE difference
KC probably doesn't go positive in spending yet and if it does it's not a large amount
all esports are investment, however there have been some that have broken through and made money. the ones that have advertised locally, had a strong fan-base and made lots of content to build a following. they also developed rosters and sold off players rather than just buying the best every single season. KC most likely doesn't go positive yet but they are building up to it and building revenue streams which is the largest part that I think other orgs aren't doing or aren't doing as well.
not saying to replicate it, but they for sure need to learn and take notes. karmine monetized having a streamer at the helm and advertising their organization internationally and especially locally extremely well, similar to traditional sports clubs. on top of this, they have great rosters with lots of up and comers and did not spend insane amounts of money on any roster. they also, like just announced, used crowdfunding to build an arena which they can also monetize. it's clear there are steps these organizations can take to replicate the success karmine corp has, they just haven't.
Really cool idea by Karmine Corp to create some more revenue.
It does feel like Karmine Corp would be the one of the only teams to be able to pull this off successfully.
Karmine have a very strong fan culture in france.
I hope they play some of their "online esports here" like rocket league qualifiers (that would be hype)