Semper Fortis Esports PLC (AQSE:SEMP) (AQSE: SEMP) said it had decided to revamp its strategy and had ended all contracts with previous esports talent associated with the company.
In a statement, the Aquis-listed company said that with the final sale of SMPR Esports Rocket League player 'Archie' to Oxygen Esports, it has fully cleared off all previous talent associated with the team, with all existing contracts coming to end and a decision made not to renew them.
“SMPR Esports and its management will now look to develop a new strategy for its esports vertical in an effort to continue competition and content for the brand,” said the statement.
As a result, SMPR Esports will not be competing in the coming RLCS Rocket League Fall Split 2022.
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Jassem Osseiran, chief operating officer added: "We would like to thank all of our talent for their dedication and efforts during their time with SMPR Esports.
“We will look to build on what we have established as an organisation and as a brand to find an optimal strategy for the company to move forward in this space."