China's dangerous news page has just published an interview with RNG's CEO and received feedback that the financial situation of the organization is very bad. Currently, RNG is running out of money, and faces a shortage of capital. In addition, the organization also has many contract violations and still has to pay operating fees up to millions of yuan per month. Of which, 80-90% of the money spent on the player's salary.
The reason for this problem comes from RNG that has never made a profit, always pouring capital to operate the team. In addition, the cost for RNG players is always very high, besides paying salaries, the price of recruitment is not cheap. If you spend a large amount of money to focus on an expensive squad, then the team cannot get good results, RNG will be heavy.
Regarding funding and prizes, RNG currently has only one sponsor, so the amount is not significant. In addition, due to the failure to enter the LPL LPL Spring Round of 2024, the amount of money divided by RNG this season is also very low. Typically, this amount will be divided based on the achievements of the teams in the season and RNG is only ranked 14/17 at LPL Spring 2024 so the amount cannot solve the team's problem.
The CEO also offers the solution to save the NFT release, a type of coding tokens on the Blockchain and sold to fans to collect short -term resources, then fans will receive benefits from RNG. However, this plan does not show the feasibility because the NFT market no longer develops for a long time, and the long -term plan of the organization has not been clearly presented.
