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EWC CUTTING BACK SPENDING

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#1
FUSaitama
  1. Saudi’s Public Investment Fund has started shifting strategy toward sustainable returns, and recent reporting suggests esports, football, and golf are no longer priority focus areas in forward plans
  2. multiple investments tied to the fund are not generating positive ROI, and overall cash pressure is rising due to heavy spending across sectors with limited returns
    3 because the Esports World Cup and Esports Nations Cup are heavily dependent on this funding, any cutbacks directly impact them
  3. current prize pools are extremely inflated compared to normal esports economics, making them unsustainable without continued state backing
  4. likely outcome if funding tightens:
    • major prize pool reductions
    • fewer partnered org programs and incentives
  5. downsizing of production and event scale
  6. realistic scenario is that over half of current operations tied to these events could get cut or shut down if ROI doesn’t improve and funding keeps shrinking

Mostly speculation on last points but the facts remain.

Happy day for valo community ?!?!

#2
aiminverylabs
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Ok

#3
Maniacwolf
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ewc was state funded? 💀

#4
FUSaitama
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woahh!!!

#15
Maniacwolf
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Are you mocking me for not knowing? I’m so confused

#23
archetype
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yes lol basically everyone knew the ewc was state funded, why do you think they call it the blood money tournament, the tournament that will not be named, etc

#25
Maniacwolf
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i thought that was just cause it was in saudi 💀

#27
archetype
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yeah bro why do you think its being held in saudi lmao

#7
Castawaytwizz
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lol

#24
themaniel
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Yes this was the main problem that people had with it

#5
TheOnion
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This is shocking news for the 10 viewers of the EWC

#10
FUSaitama
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yeah, idk if even 1/4th the people who watch VCT watched that, i didnt watch it aswell!!

#16
GodAwfulGod
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I watched like one match but because the tech issues were so bad and the production was also not the best I stopped watching.

#6
sw4gman
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so more ewc techpauses

also they should cut g0lf

#8
FUSaitama
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heavy rumors that liv golf is getting shut down

#9
poggpigg
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DONT CUT GOLF NOOOOOOOOOOO 😿😿😿😿

#11
FUSaitama
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its already done bruh, after merger didn't happen with PGA

they didnt even mention liv golf in their strategy plans for next 4 years (for the PIF)

#12
twigster001
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im shocked you care about anything relating to EWC / Saudi funded operations considering how much you spam m0n0bl0d at 9ntr

#13
poggpigg
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i dont but golf is cool 😎👍

9ntr is a bum bum bum sahurrrrr

#14
waseetali9
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this is worse
less incentive for ppl to get into esports

#20
FUSaitama
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horrible take, inflated prize pools that cant get sustained, state-sponsored anything is never good aswell!!

this was bound to happen at some point.

#17
Ukienddo
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This probably caused by the w*r

#18
FUSaitama
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partly, war did impact the outcomes, but PIF was cutting down funding and stopping mega projects before the war (THE LINE)

they also pulled back on spending related to football, and pulled back spending on liv-golf aswell

#19
jawn
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shocking

#21
SudokuDude
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Considering who they want to appease, not surprised. I almost don't wanna watch it but I'd be a hypocrite for last year.

#22
FUSaitama
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was never a sustainable model, and OIL money drying up, Aramco not doing too well..

#26
TM06Nick
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Who cares hopefully they just die and we can have our video games back

#28
FUSaitama
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hmmm

#29
wagonVAL
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unfortuante, hope some other organization who loves to blow money starts their own versions of ENC/EWC. it was nice to orgs compete in all games

#30
Effluxi
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this too geez

is nrg army sponsor next? I am on a bit of a manifestation spree apparently

#31
AegisJT
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niko paycheck stealing is joever

#32
FUSaitama
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falcons is fked after next year!!

#33
Bluelive
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Good, Most boring tournament where 90% of the team have stand-ins

#34
SleepingSnorlax
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Funny part being somehow S8ul didn’t get cut from Blood money tournament also looks like great news for People taking stand against EWC

#38
FUSaitama
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i mean s8ul is cooked if this happens, soo much investment into international teams and if it is shut-down or downsized they are cooked

#35
9wntr
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realistically a good change cus as someone who attended ewc in person
some games were dead asf

#36
Zeah
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i mean the whole portofolio is stupid, its like if a 15yo kid with million dollar of backing would investing to

#37
FUSaitama
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this is the truest thing i've heard today!!

#39
Ryandr
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I mean the club world cup especially the football one was never going to work. Like $1.125 billion even for a 4 year interval event is too crazy and on top of that most football fans don't really care about it as much.

Now I won't be surprised if they try to somehow control the fifa world cup like they are doing enc cause suddenly all those complaining about ewc are glazing enc lately.

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