EMEA OFF//SEASON 2023 is going to be absolutely insane if the current tournament being worked on is finalized.
As for Ascension, I know the production is going to be around the same level as this years Challengers events if not a little lower. Playoffs COULD be on LAN for most regions in EMEA. Ascension tournament itself is listed the same way as Masters so it will very likely have the same budget as something like Masters Copenhagen. I do think Riot will invest a lot into Ascension. The only issue is of course people knowing that this is just tier 2 and kinda just disregarding it. Riot is trying their best so it just means us the community need to step up and help grow tier 2 into an actual good investment or else it will fall in budget every year cause they can't keep throwing money on something most don't wanna watch.