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They even fucked up the Notes reference (4 is explaining Staff expenses, not External).Financial income: 18M DKK from waived debt from the prior owner (mmm, okay that just means they were already affiliated before, so when they merged they naturally cancelled the claim).Financial expense: 13M DKK Mostly on acquired rights (seems to be LoL relevant) and "other loans".I wouldn't read too much into this, seems like money shifting between Blast (former company) and Astralis (new company).They have 12M DKK cash, 50M DKK league of legend rights (I am not in the position to judge if this is fair value or not, but if Deloitte says so...) and 23M DKK receivables from Twice the amount of liabilties than Assets.
03 Calendar. Some got their way.“The premise was that the salaries would be restored once this was all over,” one source familiar with the negotiations told us. You play here, you don’t play there, the fans laugh at you for missing tournaments. Regardless, the flag had been planted. The contention was that a third-party simply couldn’t change the rules that Danish players were governed by, and because the Danish players rejected these rules, the members of the DPA went on strike. Question is if they’ll ever turn these losses into profit.

They were on the clock and had to deliver on this “strategy” that had been promised to the players. It’s our responsibility as an organization to secure optimal conditions for our employees on all levels, and especially our players, who on a constant basis experience the highest pressure to perform. Disclaimer: not a Danish accountant, but I work with this crap for ~10 years. Increasing the roster size to six players is something we have worked on for a long time with relevant stakeholders in Counter-Strike. "Over the past four years, basically, all-new performance concepts and ideas have been discussed thoroughly with the relevant players and the coach. The Danish international team captain Simon Kjaer had agreed a deal with NordicBet that saw him appear in a number of commercials for the company. However, there could still be fresh developments from within the Astralis camp.As the disastrous run at Blast was unfolding, Hvidt released a In it he would state it that the organization would like to have a 10-man roster, with the back-up five functioning as an academy team of sorts.“The pressure on a CS:GO player today is inhumane,” he said. The players, coach and our performance team have been involved in this decision and everybody agrees it is the way to go.”These sentiments were echoed by the team coach Danny 'zonic' Sørensen who, in an A source with knowledge of the situation explained to us, “The IPO had a big impact on how the management put out the news. He was a key figure in the push for better pay for women’s footballers, where again the Danish team went on strike for over two months in 2017, something that caused them to miss games and be He was also a central figure in the push for Danish players to own their own commercial rights, which came to a head in 2018. When it came to hiring the criteria was simple; be available as soon as possible and willing to take a modest salary.
He himself had already experienced a significant series of health problems prior to joining Astralis, having had a collapsed lung on two occasions in 2016. While it brought together players from all across the world, a significant part of its infrastructure and influence came from amalgamating with the Danish Elite Athletes Association (DEF), who had already started taking Danish esports stars under their umbrella. A lot has to change.”A crucial component to the situation Astralis have found themselves in is the Counter-Strike Professional Players Association (CSPPA). I think it’s bulls**t.” the organization released a statement that most of the staff and players within the Astralis Group had “We are fortunate to operate in a digital industry where most activity can be maintained and even increased online, but like everybody else, we are dependent upon a thriving economy in the surrounding society and with our stakeholders. Then let’s say you didn’t like the working conditions, because they are too strict and too much based on real sports. They said they were going to make sure they got their break and that it was on the org to fix it. The exact date he told management isn’t clear, but somewhere between March and April was absolutely no more a theoretical proposition. was also significant as it was the date that would see the CS:GO team back to competing. This deliverable is measured “strictly,” according to our source, who also stated that management had annoyed the players with their unwillingness to be inflexible despite them having gone above and beyond this schedule at the end of 2019.The first events of 2020 came around and saw the team travel to London for The Blast Premier Spring Regular Season.

Heroic didn’t want to take the player back having sold the player in good faith, so TIGER, looking to recoup something for a player they now no longer wanted,  It was pure fortuitous coincidence this all aligned. This approach is no different than in traditional sports, but it’s new to Counter-Strike, and a change like this will take time to optimize for full advantage.

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