North American esports organization TSM wanted to reassure its fans following the collapse of its main name rights sponsor, FTX.
In a released statement, the club said it had no idea of the FTX situation other than what was publicly reported and sought legal advice to protect its team, staff, fans and players. In addition, the organization said it continues to forecast profitability “this year, next year and beyond.” This is the official press release:
“Together with the rest of the world, TSM is closely monitoring the FTX situation. We have no other information about what was publicly reported. We are currently in consultation with an attorney to determine the best next steps to protect our team, our staff, our fans and our players. We are stable and profitable and continue to forecast earnings for this, next and beyond. We look forward to a great 2023.”
Source: Tutto Mercato Web
