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FISSURE CEO: About Half of the CS2 Debt Has Been Paid

FISSURE CEO Nikolay Vesnin used an open letter to explain the tournament organizer's financial problems and its debt repayment plan. The company said it accepts responsibility for all of the debts and will publicly report on the status of payments in the first quarter of 2027.

FISSURE CEO: About Half of the CS2 Debt Has Been Paid
Photo: HLTV Counter-Strike

FISSURE CEO Nikolay Vesnin has published an open letter explaining the causes of the tournament organizer's financial difficulties, the steps taken to pay off its debts, and the company's plans for the future.

The letter states that the company accepts responsibility for all of the debts. It notes that payments have been ongoing since the summer, that about half of the CS2 debt has already been paid, and that the next major payment stage is planned for the first quarter of 2027. Vesnin said the company is negotiating with each team separately to agree on a payment schedule, and that it will publicly disclose the actual status and results of the payments in the first quarter of 2027.

The letter recalled that, because of its financial problems, FISSURE had to cancel three events in 2026 and 2027. It also described a change in the company's funding structure. It emphasized that the prize pools for new tournaments are secured before each event begins and no longer depend on the company's current financial situation.

Vesnin said they will not allow thirteen years of work to be wasted because of mistakes. He stated that they will continue to hold tournaments, aim to pay off their debts, and keep organizing events that teams, players, and viewers can be proud of.

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