“Due to tight financial conditions, SGB is looking to transfer the entire team and VCS competition with the most reasonable price possible,” Saigon Buffalo confirmed on the homepage.
In November 2002, the owner of Saigon Buffalo, Nguyen Van Nhat Linh, decided to sell the team to CNJ Esports, organized from Korea. However, in February 2023, CNJ Esports 'turned the car', decided to cancel the acquisition because “it has caused serious damage both inside and outside in promoting business”.
According to ITHETHAO.VN, owner Nguyen Van Nhat Linh used to pricing SGB up to 500,000 USD (about 11.8 billion) in late 2022. At the same time, he also contacted the Korean Sports Broker Company based in Vietnam to find the buyer. He even asserted that “someone paid 400,000 USD” at the time before trading with CNJ Esports.
Changing the owner and changing the team name in the near future will be the end of the “Buffalo brand”. In the past, they won the VCS Summer 2018, VCS Spring 2019, attended MSI 2019 & 2022, participated in the World Final 2017, 2018 and 2022.
In the last 2023 season, SGB ranked fifth at VCS dawn 2023 and ranked 4th at VCS Sunset 2023.
