{"id":12363,"date":"2021-02-05T12:26:33","date_gmt":"2021-02-05T12:26:33","guid":{"rendered":"https:\/\/www.ginx.tv\/north-esports-shuts-down-covid-19-pandemic"},"modified":"2024-07-19T15:04:40","modified_gmt":"2024-07-19T15:04:40","slug":"north-esports-shuts-down-covid-19-pandemic","status":"publish","type":"post","link":"https:\/\/www.ginx.tv\/en\/esports\/north-esports-shuts-down-covid-19-pandemic","title":{"rendered":"North Esports shuts down due to COVID-19 pandemic"},"content":{"rendered":"

North Esports has announced its shutting down operations due to financial struggles amid the COVID-19 pandemic. <\/p>\n

The Denmark-based organisation made the announcement in a press release<\/a> (translated from Danish to English online), explaining how investors Nordisk Film and Parken Sport & Entertainment (PS&E) decided to pull out of esports to focus on their “core businesses”.<\/p>\n

This is due to the COVID-19 pandemic, which has drastically affected the esports industry over the past year.<\/p>\n

Lars Bo Jeppesen, chairman of North Esports and director of PS&E, stated they tried to find new investors to keep the organisation afloat, but they didn’t find “the right match”. <\/p>\n

\n

Today is a sad day. North Esports is no more. <\/p>\n

Ty for all ❤<\/p>\n

<\/North>https:\/\/t.co\/KNeSvhvO0p<\/a><\/p>\n

— North (@TheNorthIsHere) February 5, 2021<\/a><\/p><\/blockquote>\n

 <\/p>\n

“There is still potential in esports and gaming, but the time horizon is long and uncertain, and COVID-19 has moved the time horizon further years into the future according to our assessment, as both esports and the sports industry as a whole have been hit hard financially,” Lars Bo Jeppesen said.<\/p>\n

North’s FIFA roster<\/a> will now be taken over by FC Copenhagen, where they’ll continue to take part in the eSuperliga. The future is uncertain however for their other rosters across CS:GO and Apex Legends.<\/p>\n","protected":false},"excerpt":{"rendered":"

North Esports has announced its shutting down operations due to financial struggles amid the COVID-19 pandemic.  The Denmark-based organisation made the announcement in a press…<\/p>\n","protected":false},"author":601,"featured_media":12364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-12363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esports","content_type-news"],"acf":[],"yoast_head":"\nNorth Esports shuts down due to COVID-19 pandemic - GINX TV<\/title>\n<meta name=\"description\" content=\"North Esports will permanently close due to financial struggles amid the pandemic.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ginx.tv\/en\/wp-json\/wp\/v2\/posts\/12363\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"North Esports shuts down due to COVID-19 pandemic - 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