Sean Zhang, CEO of TALON Esports, has responded to claims surrounding the organisation failing to repay the curiosity on a $1m (~£742,668) mortgage.
The Southeast Asian esports organisation allegedly did not pay $75,000 (~£55,706) inside a two-week timeframe agreed upon the events concerned.
On August twenty fifth, X user ‘hedgedhog7’ revealed TALON Esports had approached them to borrow $1m in June, stating that the mortgage would final ‘for 1-2 weeks.’ On August twenty second, the principal quantity was repaid, whereas the curiosity remained excellent.
The person additionally claimed that the organisation has ignored messages concerning repayments and has borrowed cash from different folks as a way to repay the mortgage.
In response to the claims, Zhang took to social media to shed additional gentle on the state of affairs. “This was a easy matter of miscommunication with the accounts workforce on our finish, they issued the $1m again and didn’t consider the curiosity.”
“As CEO, I take full duty of the miscommunication and examine internally the place the problem occurred and resolve it. It’s unlucky a tweet was put out in such a malicious style when this might have been resolved in a way more civilised method.”
Based in 2017, TALON Esports at the moment fields 9 rosters throughout numerous esports titles, together with League of Legends, VALORANT, and Dota 2.
TALON Esports in 2025
In 2025, the organisation has continued to develop its partnership portfolio. In March, TALON Esports joined forces with gaming software and technology company ExitLag in a deal that noticed the corporate assist the organisation’s League of Legends, VALORANT, Dota 2, and Area of Valor rosters.
TALON’s VALORANT roster stays in competition to qualify for Champions. On August thirtieth, the workforce faces off towards Rex Regum Qeon within the decrease bracket closing. The highest two groups from VCT Pacific will earn a spot at VALORANT’s season-ending occasion beginning on September twelfth.
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