Splyce have confirmed that they have decided to take a step back from CS:GO for an indefinite period.
In a video posted on Twitter, Splyce CEO Marty "Lazerchicken" Strenczewilk admitted that the team "were not sitting in a great competitive position" and explained that the decision will allow the organisation to invest more time and resources into their other divisions.
Splyce have been involved in CS:GO since late 2015, when the company underwent a rebrand after operating as a directory of live streams called Follow Esports.
The North American organisation is mostly known for their appearance at the MLG Columbus Major, for which they qualified after replacing TheMongolZ at the offline qualifier due to visa issues.
Since then, Splyce have struggled to remain competitive, with their team now set to travel to Leicester, where they will be taking part in the ESL Pro League relegation stage after finishing in a disappointing 11th place in the regular season.
"These decisions do not come lightly, they involve dozens of people and hours and days of discussion," the Splyce CEO said. "It is something that is the best for all of us.
"I have nothing but love for all the players that played for us. I hope to see them for many years, and I really hope that they are successful on other teams."
It remains unclear at this point whether the players will be released from their contracts or transferred to another organisation.
The North American team still do not know who their fifth player at the Pro League relegation stage will be. Former CLG member Ricardo "Rickeh" Mulholland was initially ruled out after being registered by the team past the transfer deadline, but, according to Dust2.us, the team have submitted a request to WESA for an emergency transfer, which, if granted, would allow them to field the Australian at the event, from May 9-10.
Splyce's roster looks as follows:
Zachary "Eley" Stauffer (coach)