Show me the money!

[JakePlay77]

According to the limited company law every limited company should have shareholder list and it should be available to anyone if requested. In Finland operating limited company is (should be) visible so there are many regulations these companies must obey. Shareholder list is one of them and also publishing the finacial statement annually to PRH for available to everyone who are interested in it. Sports Gamer Oy is breaking now at least one regulation which is that the financial statements are not public for past two years.

[Simbee434]

56 minuuttia sitten, JakePlay77 kirjoitti:

According to the limited company law every limited company should have shareholder list and it should be available to anyone if requested. In Finland operating limited company is (should be) visible so there are many regulations these companies must obey. Shareholder list is one of them and also publishing the finacial statement annually to PRH for available to everyone who are interested in it. Sports Gamer Oy is breaking now at least one regulation which is that the financial statements are not public for past two years.

What rule are they actually breaking? Have you requested their financial statements from PRH? I’ve reviewed the stakeholder (beneficiary) list myself, and anyone can verify the details through the proper channels — including financial reports up to the end of 2022.

Legally, they’re only required to provide these documents to potential lenders or investors to secure funding. As customers or participants, it’s up to each of us to decide whether we want to continue supporting this league.

If they violate these obligations, they can be removed from the Trade Register and EPR immediately until they comply. As of now, they are listed in both.

[JakePlay77]

8 minuuttia sitten, Simbee434 kirjoitti:

 

What rule are they actually breaking? Have you requested their financial statements from PRH? I’ve reviewed the stakeholder (beneficiary) list myself, and anyone can verify the details through the proper channels — including financial reports up to the end of 2022.

Legally, they’re only required to provide these documents to potential lenders or investors to secure funding. As customers or participants, it’s up to each of us to decide whether we want to continue supporting this league.

If they violate these obligations, they can be removed from the Trade Register and EPR immediately until they comply. As of now, they are listed in both.

They have not sent financial reports to PRH. That is why they are not there. You can´t request those from PRH on Sports Gamer Oy financial reports 2023-2024 because they are not sent there. That is really serious offence according to Finnish limited company law. Those documents must be available to everyone who wish to have them. In PRH there is available only documents from 2021 and 2022 but not others. It is simple as that.

They are not requiered to provide financial documents only to investors and lenders. They should be public to everyone who is interested to have them. That is the fact. I am working in accounting and know this law of accounting and limited companies etc.

[JakePlay77]

15 minuuttia sitten, Simbee434 kirjoitti:

 

 

If they violate these obligations, they can be removed from the Trade Register and EPR immediately until they comply. As of now, they are listed in both.

They are at the moment but one day they will be removed from there. There is thousands of companies in that register. PRH removes regularly some of them who have not sent those documents. 

But however, the reason Sports Gamer Oy have not sent financial statements to PRH has most likely something to do that they have not paid these prize moneys. The company who operates correctly sends financial statements to PRH. If they are not sent something is wrong with accounting and operations of the company. Simple as that.

[Oliverigood]

Thanks Sportsgamer for coming out with some sort of gloss over explanation of what is going on. The big question now is: What about the upcoming season(s)?

It is pretty obvious that the money owed in the playerbase needs to be paid back for those who want it, before the next season starts and more money is asked to be paid up for the company, because from now on people will invest their money with 100% risk of never winning anything back from the prize pool. If the company goes bankruptcy, people will never see their money and have no legal ways to demand it to be paid back.

Unfortunately the "community dream" is becoming the end company. However the majority of the community never wanted or dreamed about massive prize pools or esports lifestyle, we just want to play competitive but not too serious hockey with friends and have fun! Now this part of the community is becoming the backbone of saving the company which is absolutely wrong.  

After all this I firmly believe that most of the community is ready to help with some sort of resurrection when it all goes down. However this requires pure honesty and open planning with the whole community. What ever the scenario is, money is needed to be paid back to someone and with small fees and time, there should be a way to go back to the glory days of NHLGamer. For Kenu I want to say, I hope you are doing well and remember there is better days ahead.  

[JakePlay77]

39 minuuttia sitten, Oliverigood kirjoitti:

goes bankruptcy, people will never see their money and have no legal ways to demand it to be paid back.

 

In case of bankcrupty, the only way players who are entitled to prize pool money will get what Sports Gamer Oy ows them if they are biggest recievers in bankcrupt situation. But if there is lenders that Sports Gamer Oy ows more then they are the priority in case of bankcrupty.

But most important from Sports Gamer Oy is honesty to players what really has happened. And also it is priority to publish financial statements to PRH from 2023-2024. If they are not published who will believe what Sports Gamer Oy executives say? No one. I won´t believe a word what they say until I see those documents myself. 

I am not one of those who Sports Gamer Oy ows any money. I am just on side of those players who Sports Gamer Oy ows money. I want justice to happen and players recieving their money. And if it is not possible in case of bankcrupty,  I want at least full, honest reveal of Sports Gamer Oy on this matter. It is not very good policy them not to publish financial statements from 2023-2024 and then it is revealed that some players that are entitled to their prize money have not got those money what they deserve.

So I am urging: All the facts and figures public from Sports Gamer Oy finances. That is the only way they can get our trust back.

People - including Kenu - have done great over the years in this community organizing ECL, FCL etc. I hate to see this financial dishonesty will loose our trust to these fine people. So facts on the table as soon as possible. The missing financial statements public to PRH.

[Yoloberg]

Matti won pro no money has seen, is any possibility money come? Laki juristi calling?

[Jnmxxx]

Does anybody know how much money are missing and what has been prioritised when they paid the prizes? Elite teams?

[Edgard_gcn]

Rather than wasting our time waiting for a answer every 10 years... taking the risk of giving again without being sure we'll ever see what we're owed.

 

There are alternatives elsewhere. Where we're working on a possibility to save all the players who want to continue eSports, at least in 6s.

I have lost all faith and confidence in SG. 

If players want something new, I suggest a discussion with all the team captains on Discord. 

[iSvamp]

#PayWhatYouOwe

[iSvamp]

2 timmar sedan, Oliverigood säger:

Thanks Sportsgamer for coming out with some sort of gloss over explanation of what is going on. The big question now is: What about the upcoming season(s)?

It is pretty obvious that the money owed in the playerbase needs to be paid back for those who want it, before the next season starts and more money is asked to be paid up for the company, because from now on people will invest their money with 100% risk of never winning anything back from the prize pool. If the company goes bankruptcy, people will never see their money and have no legal ways to demand it to be paid back.

Unfortunately the "community dream" is becoming the end company. However the majority of the community never wanted or dreamed about massive prize pools or esports lifestyle, we just want to play competitive but not too serious hockey with friends and have fun! Now this part of the community is becoming the backbone of saving the company which is absolutely wrong.  

After all this I firmly believe that most of the community is ready to help with some sort of resurrection when it all goes down. However this requires pure honesty and open planning with the whole community. What ever the scenario is, money is needed to be paid back to someone and with small fees and time, there should be a way to go back to the glory days of NHLGamer. For Kenu I want to say, I hope you are doing well and remember there is better days ahead.  

Funny how the “esports dream” turned into a debt collection story.
Let’s be honest. We’ve all been paying for seasons with a massive risk of never seeing that money again. The only difference now is that more people in the community finally realize it.

Not a single cent should go to this website until they have paid their debts to the players. If that means the platform collapses, so be it. At least then it would be transparent. You can’t revive something that’s already dead.

And yes, we know the admins are reading. The silence after their last statement says it all. More questions, zero answers. Silence doesn’t look professional. It looks guilty.

#PayThePlayers