Despite qualifying for The International 2019, Forward Gaming CEO David Dashtoyan today announced that “Forward Gaming ceases to exist. As of today, all employees’ contracts are being released and our players become free agents”. This obviously wasn’t an easy decision for David but when the company couldn’t afford this month’s salaries, nor the $36,000 owing in prize money to players, it was clear David was left with no option.
It’s hard to close a company. It’s even harder to close the company you’ve founded.
With a heavy heart, I regret to announce that Forward Gaming ceases to exist. As of today, all employees’ contracts are being released and our players become free agents.
I also regret to inform that we have to close the company with the debt remaining owed to the players. Due to insufficient financial results, we are unable to cover players’ salaries for July as well as $36,000 of players’ share of prize money (which was used to partly cover June’s salary).
Back in June we informed players about the company’s state and told them that we might shut down the team right after the Epicenter Major. However, we decided to wait until the end of TI qualifier in the hope that we would be able to overcome our financial difficulties. Unfortunately, that didn’t happen.
I feel terrible for leaving our guys at the worst moment possible. We tried so hard to provide them with everything we could throughout the year and failed at the very end. This sucks.
I apologize to everyone who put their time and effort into Forward Gaming – our players, employees, and fans. I don’t know how to express our appreciation for your support and incredible dedication. Thank you.
And of course, I wish best of luck to our guys – Yawar, Quinn, Sney, Mojo, Pie, Kurtis and Jack. I hope you’ll kick some ass in Shanghai, will be cheering for you like crazy.
Goodbye guys. All the best.
— David Dashtoyan, CEO July 21, 2019
David is genuinely hurting. The pain, passion and sincerity in his message is clear- the company was struggling but he did everything he could to support the team and get them to TI9. YawaR, CCnC, Sneyking, MSS and pieliedie are still going to TI, but unfortunately won’t be representing FG. It’s unknown what the team will play under at TI, but hopefully the boys can get the results they deserve and set themselves up for the next DPC season together.