KOI is backed by Ibai Llanos and Gerard Piqué; both founded it in 2021. However, Eros, a well-known journalist who leaks information, published that the company is going through an excessively delicate moment. So much so, that even Ibai Llanos would have to lend money out of his pocket to pay his workers on time and properly.
However, this loan is around three million dollars. Although this information has not been declarative, but only rumored. Realty/Rogue, a company that is to be merged with KOI in 2022, is also having trouble paying its workers. The situation is so dense that they have even had problems settling the LEC licenses with Riot Games.
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Of course, this leads to more serious problems, for example, that players cannot participate in the highly rigorous and prestigious competitions of League of Legends and Valorant.
However, Ibai Llanos has not declared anything in this regard. At least not directly. One of his tweets that is taken as a nod to the situation is the following:
The audience rumors that probably the famous streamer still has hope in his project Right now he is facing serious problems. Time will allow us to know if the situation escalates and how it could be corrected.
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