Riot just needs to put out a petition;
Two real solutions possible to keep 11 teams,
Find suitable org (insure longterm funding this time pls not just history, EG have history but its all cheap history)
TSM(doesnt matter which org aslong as they can resign all EG players at fair valuation) if they dedicate a budget( they have money but before their valorant budget was just tiny) TSM(or any team in replacement) could take on contracts of all former EG players, likely allowing them to completely stay together and TSM would become partner
OR promote G2 to partner(have better finances than most other orgs at this moment) and promote M80 to 2 year ascension slot, old EG players will be split to 100t/NRG