eSports Insider · Feb 5, 2021
Danish esports org North shutters
After just four years, Danish esports organisation North has announced its closure through a statement posted on the official Football Club Copenhagen (FCK) website.
In the announcement, translated from Danish, investors Parken Sport & Entertainment and Nordisk Film state that as a consequence of COVID-19’s effect on the experience industry, the two partners will pull their investments from the esports team and instead focus on their core businesses.
Credit: NorthFrom the announcement, Lars Bo Jeppesen, Chairman of North and Director of Parken Sport & Entertainment, states that the investors are ‘very sorry to close North’, which has made a ‘great impression in international esports’.