Royal Never Give Up (RNG), one of China’s most prestigious esports organizations, is attempting to sell their entire operation after forfeiting all remaining matches in the League of Legends Development League (LDL). The shocking decision comes as the organization faces crippling debt, with court orders demanding payment of approximately $19.3m (162 million yuan) and total liabilities reportedly reaching as high as $140m.
The once-dominant team, known for their multiple LPL championships and international tournament victories, has been unable to pay off these debts or sustain operations, forcing them to seek buyers willing to take on both their assets and massive liabilities.
RNG’s decline represents a stunning fall from grace for an organization that was at the pinnacle of League of Legends competition just a few years ago. The team won the Mid-Season Invitational (MSI) in 2018. Their legacy was built around legendary AD Carry Jian “Uzi” Zihao, considered one of the greatest players in League of Legends history.
Financial troubles have been brewing for years according to industry insiders. The organization’s parent company is heavily involved in China’s struggling real estate market, with multiple lawsuits draining resources from the esports division. RNG’s ambitious expansion included building multiple arenas with costs reportedly rivaling those of professional sports stadiums—investments that proved unsustainable as revenue failed to match expenses.
The exodus of top talent began after their third MSI victory, with stars like Xiaohu and Gala leaving. The organization responded by signing less expensive players and promoting from within their development system, but competitive results suffered dramatically.
“Contract prison” allegations have plagued RNG in recent years, with former players claiming restrictive contracts and delayed payments. These controversies damaged the organization’s reputation and made it increasingly difficult to attract and keep top-tier talent.
The surrender of all remaining LDL matches marks a rare public admission that RNG just can’t keep going. This dramatic step is especially tough for fans who followed the team’s rise to dominance in the LPL, where they became one of China’s most beloved esports brands.
From champions to bankruptcy
The collapse of such a prestigious organization sends ripples through the entire esports scene. RNG’s situation shows just how unstable the business side of esports can be, with player salaries, venue costs, and day-to-day expenses making it tough for teams to stay in the game.
Potential buyers now have to ask themselves: Is RNG’s well-known name and competitive history really worth dealing with all that debt? While the organization’s LPL/LDL slots and brand recognition are definitely valuable, the sheer size of their bills could scare off most would-be buyers.
