Explain WTF happenned with The Guard, i'm not understanding anything.
Parent company unloading esports division
laying off everyone and selling teams
Guard owned by kroneke sports and entertainment
Kroneke decided to pull the plug and fired everyone
Teams being retained for now
Stan Kroenke just snapped his finger and fired them all cuz they all not making any profit. Expected from an owner who let Tomas Partey (rapist) keep playing on his club Arsenal.
the last part is so irrelevant cus any sports owner is gonna keep a player (especially of Partey ability) if they aren't actually found guilty of anything. But still fuck Kroneke .
No more low interest rates so these companies can't just keep getting loans and hoping to be profitable one day.