Just talking mad shit, 2G is an England Enterprise with a Lot of money.
Just do a little research before talking, they literally did a Bootcamp in Europe before Ascention and they can easilly mantain a team in VCT Americas.
"oh, too smol org", too small is m80 that've lost ascention 2x in a row, and against a 17 years old kid.
Ok guys look at actual numbers
idk how they are financially, but a bootcamp in emea isnt going to be anywhere near the money you need
If that is your main proof that theyre doing well then its not enough.
An EMEA team needs to (allegedly) invest at minimum a million dollars to set up the company in Germany to meet Riots regulations for example.
So we are talking a considerable hurdle here. We also dont know Riots guidelines (however I would hope they are lenient enough to actually let t2 orgs ascend rather than picking their favorite t2 orgs as a replacement every year)
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)
Riot will find them a suitable org in t2 to replace the existing org if they deem them unsuitable, but yea its a really rough one for the moral of t2 orgs in general
knowing you need to basically go all in financially for a 1 year spot is rough
also as we learn more of the vetting process its gonna eliminate a lot of orgs in general, that find out that they wont be accepted anyways (hopefully its lenient enough as to avoid this)
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