Rumours about Astralis' financial hardships confirmed

Astralis' recently published financial statements have confirmed rumors that the owners of the Danish esports club are looking for new investors or a buyer, according to journalist Richard Lewis.

The document went on to say that, should no new capital be found, "significant doubts may be raised about the company's ability to continue operations".

Earlier, a rumor surfaced on the web that former NIP COO Jonas "⁠calc⁠" Gundersen had expressed interest in purchasing Astralis. The sale price of Astralis is estimated to be around $2-3 million.

Prior to this, insider Alexey "OverDrive" Birukov said that Astralis was on the verge of bankruptcy, after which the club announced the closure of its Counter-Strike academy.

Origin: richardlewis.substack.com