Schalke 04 to exit LEC

LoL
24 February 2021

Schalke 04 Managing Director Tim Reichert has confirmed its club's possible plans to sell the LEC slot. The management team has also shed some light on the difficulties the parent sports club from German Bundesliga had to face after reaching relegations and the inability to generate enough revenue due to COVID-19 restrictions. Schalke 04 Esports has been a part of LEC since the beginning of a franchise system and is now set to sell the slot for a potential $20M.

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