Categories: Games News

Australian sports team ORDER enters voluntary administration

Legendary Australian sports organization ORDER has officially entered voluntary administration, filing a statement with the Australian Securities and Investments Commission on Monday, August 15. It has been reported that staff have been removed from their administrative positions, with teams to Counter-Strike, League of Legends i Valuing now it is left without a support structure.

According to Dot Esports, ORDER informed its teams of the insolvency on August 16, while also informing several advertising partners of the matter on the same date. ORDER currently has numerous deals with gaming-focused organizations in Australia, including Alienware, GGWP Academy, Logitech, RMIT University and The Man Cave, and recently raised AUD$5.3 million in capital.

Several initiatives led by ORDER helped promote better mental health in sports, education for young players and career opportunities for emerging players. This was important work that helped create stronger, community-focused esports in Australia and helped create a welcoming space for everyone.

It’s currently unclear how ORDER got to this point, but it’s fair to assume that the impact of the coronavirus pandemic proved insurmountable, especially given that the teams were unable to travel for a period of two years, and that many competitions around the world were closed or scaled back. down as a result of the pandemic.

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On Twitter, many are mourning the loss of ORDER and celebrating its legacy as one of Australia’s most prolific and fastest-growing sports organisations, one that helped highlight the country on a global scale.

“ORDER’s collapse is a massive blow to the local esports scene,” host Nich Richardson he said on Twitter. “My heart goes out to all the players, staff and support that really helped shape not just an organization but a brand.”

“Devastating news for the scene,” he wrote journalist Andrew Amos. “It’s not just teams that are affected, but entire ecosystems: TFT, Apex and FIFA esports on OCE were managed by ORDER… In terms of results, they were the most successful OCE organization in the last five years “.

ORDER is currently believed to be looking for buyers, with its voluntary administration process set in motion to determine the way forward for the company. “Voluntary administration” does not mean that the organization has collapsed completely, but that it is currently reassessing its options and charting a potential path to recovery.

That recovery may depend on finding a buyer, but according to Dot Esports, the team already has several interested parties that can provide a buoy for stranded players. If the organization’s administration process goes well, there is a chance that ORDER will come back somehow.

For now, however, the dream of one of Australia’s biggest sporting organizations appears to be over. We’ll likely hear more about ORDER’s plans in the coming weeks or months.


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