It’s not easy to run an E-Sport organization
Copenhagen Flames has filed for bankruptcy and terminated all of its personnel, ending the company’s seven-year run in esports. The Danish organization boasted a plethora of talent through the years that are now established at the top level, including Rasmus ”HooXi” Nielsen, Jakob ”jabbi” Nygaard, and René ”TeSeS” Madsen. It was a pivotal pipeline for talent in the Danish scene.
In a statement posted on Copenhagen Flames’ website, CEO Steffen Thomsen explained that the decision to file for bankruptcy was made after the organization failed to find funding to sustain operations.