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The esports organization MAD Lions have decided to withdraw indefinitely from competing in all CS:GO esports events. While stepping away from CS:GO, they have resorted to creating a VALORANT roster. MAD Lions are scheduled to announce their team in the coming weeks.
The Spanish organization, which also has a League of Legends team, took to its Twitter page to announce the disbandment of the CS:GO team.
“Today we close a chapter of MAD Lions,” the tweet read.
“After a long time competing, we say goodbye to our CS:GO division, as well as our current roster.
“We’ve put our players on the transfer list and will work with them to find new homes.
“Thank you to all the players/staff who played with us.”
The team – which consists of Thomas “TMB” Bundsbæk, Justinas “JL” Lekavicius, Johannes “b0RUP” Borup, Michał “MICHU” Müller, Viktor “somedieyoung” Orudzhev, Vladymyr “Woro2k” Veletniuk, and coach Jakub “kuben” Gurczyński – have been listed as ‘inactive’ and will be duly transferred.
MAD Lions were founded in 2017 and launched their Counter-Strike: Global Offensive arm in the same year. They entered the CS:GO with an all-Spanish roster consisting of VITY, AKI, kekO, Kirtash, and Orga.
The organization was acquired by OverActive Media Group in 2019. OverActive are also the owners of the Toronto Defiant and Toronto Ultra spots in the Overwatch League and Call of Duty League respectively.
While the reason for the disbandment of the team was not stated, OverActive’s financial situation appears to be a key factor.
The company had earlier revealed a fourth-quarter loss of over $15 million and ruled that as losses due to “modifications of certain payments related to our franchise obligations”. Hours after, the closure of MAD Lions’ CS:GO arm was announced.
This will also see the birth of the organization’s Valorant esports division after it was earlier alleged to have signed a top European player roster.
