WESG releases statement on outstanding prize money

July 18th, 2018 14:36

WESG have released a statement about owed prize money to the global finalists after players revealed their missing earnings on social media.

Over the weekend, Denis "seized" Kostin broke his silence on Twitter asking other players if anyone had received their portion of the $1.5M prize pool from the globals finals, which saw fnatic win the grand prize of $800,000 after beating Space Soldiers in the final.

The WESG Committee revealed the issues that they have faced, the first of which regarding "missing or inaccurate information", with a "number of agreements" still "unsigned", and urged teams to be thorough when submitting information.

fnatic won their $800,000 earning over Space Soldiers in the grand final

The WESG Committee then followed with their issues regarding large transactions, with those higher than $40,000 requiring approval by China's tax bureau under Chinese law, and added that international transfers are taking longer than expected as foreign banks have "different processes."

"We have noticed some discussion on social media regarding the payment of prize money. Rest assured, we are doing everything we can to complete the processes required.

"We would appreciate it if everyone can continue to coordinate with our staff members to ensure the transactions go smoothly.

"So far, we have successfully paid out close to half of the winners. WESG will continue to improve on our internal processes this year. It will continue to be our goal in making sure winners get their prize money in a timely manner."

Russia Denis 'seized' Kostin
Denis 'seized' Kostin
Rating 1.0:
Maps played:
finally lol
2018-07-18 14:36
2018-07-18 14:38
United States dougtheduck 
lol that name tho
2018-07-18 16:28
Germany Fabbsen 
true tho :D
2018-07-18 16:58
2018-07-18 23:00
mibr = 40% not brazillian
2018-07-19 01:42
k0nfig | 
Denmark QDouble 
2018-07-18 14:36
Sweden KarlXII 
Scammaz Gamers Paradise 2.0 lul
2018-07-18 14:37
Lithuania gime114 
The event went well tho, it's just the prize money that is fucked.
2018-07-18 15:20
But its not wesg's fault. They have the money, they just have to wait for china.
2018-07-18 17:02
jks | 
Australia 0iq_man 
how was your daily waffle?
2018-07-18 17:14
Lithuania gime114 
How do you know it's daily?
2018-07-18 17:23
jks | 
Australia 0iq_man 
2018-07-18 17:25
lol, i only can post on days that i eat waffles. xD
2018-07-19 10:42
Portugal manuhcruz 
2018-07-18 14:37
fredi | 
Poland Eljott 
2018-07-18 14:38
Fuck up retard
2018-07-18 14:37
the statement has these little animal mascots on them ok
2018-07-18 14:37
2018-07-18 14:39
couldve been anime girls
2018-07-18 21:28
No money no skins...
2018-07-18 14:37
what the hell
2018-07-18 18:50
1.5mil WESG means 150k LUL
2018-07-18 14:38
Smh 'Chinese laws' (not hating china but their law)
2018-07-18 14:38
Korea XigNw0w 
And bank processes, things aren't that easy when trying to pay that big amount of money, sadly.
2018-07-18 14:53
the censorship, prevent money outflow.
2018-07-18 17:48
Romania RZBD 
So professional.....
2018-07-18 14:38
imagine the#ll get their money together before tournament starts
2018-07-18 14:40
Denmark Zorrondo 
china numba wan
2018-07-18 14:42
Empty fucking words again, it's China's problem. Not the "International banks" as WESG claims. Other countries have no problem paying out prize money.
2018-07-18 14:46
So that's why tyloo seldom attend local tournaments.
2018-07-18 14:50
China is a bureaucracy hell
2018-07-18 14:53
2018-07-18 15:30
that's where i'm from yes. Not saying bureaucracy isn't bad over here but China is definitely worse.
2018-07-18 17:11
Agree. Bureaucracy is undermining our country and I personally think it's worst problem by now.
2018-07-18 20:12
There has been many tournaments (China) which had not yet paid out from CS 1.6.....the asians so garbish only talking hot shit nothing behind, I still wonder that any money get paid out. Normally you get the money some weeks after the event. And now they complain must be verify by the law wtf never saw a stupid bad explaination like this and we have 2018 right ? Or we have still 2017 ??? Need over 1 year to paid out, damn that is quit fast.
2018-07-18 14:57
China micturkey 
A fact : This 2017 event ended in March,2018 :) So 4 months but yes, it’s really stupid.
2018-07-18 16:33
So only chinese teams can prosecute them.
2018-07-18 17:03
Czech Republic Rewask 
2018-07-18 14:57
just about everyone was wondering how an event could make such incredible prize pools sustainable seemingly out of nowhere. que the familiar tune from torunament organiser..kinda expected
2018-07-18 15:01
Australia t0rrent 
"Plz coordinate with our staff" "Plz" is this a joke
2018-07-18 15:04
Germany Dayjay 
probably ran out of space in the tweet
2018-07-18 15:05
Australia t0rrent 
oh yeah forgot twitter are character limit jews
2018-07-18 15:09
China M1rAiwOw 
2018-07-18 15:05
1 year and 4 months ago, for smaller teams the money is mandatory
2018-07-18 15:10
not 1 year and 4 months ago, only 4 months ago, the event was played in 2018
2018-07-18 16:57
ok but in the header stands WESG 2017
2018-07-18 17:04
Ukraine demon83 
seized said they don`t payed yet money prize last wesg
2018-07-18 15:13
United States Trump2020KAG 
Siezed need that cash money.
2018-07-18 15:13
Czech Republic realProkda 
seized wanna his 1k payed out cuz no trophies and prize money lately
2018-07-18 15:22
TWC 2.0 ---------------------------------------------------------------------------- Wanna buy the best apples in HLTV? call me NOW: 011-1337-APPLE and get an 80% discount on your first 5 kilos!
2018-07-18 15:24
Things go tough when some inefficient gov agencies are involved
2018-07-18 16:12
I have a feeling they are slowly collecting the money and can’t oay out
2018-07-18 16:19
Liechtenstein DanK5000 
They should just pay with crypto lol. No banks, no china laws, ez gg.
2018-07-18 17:08
fnx | 
Myanmar Singha 
Nobody wants imaginary 1011001 thing as a currency.
2018-07-18 17:53
I bought some pure coke rocks with bc so whats that all about
2018-07-18 18:52
you say that but the numbers in your bank account are also imaginary.. 1 hack and your 100$ monthly paycheck that you saved could turn to 0
2018-07-18 22:20
United States xiquo 
should have had the prize money beforehand dumb cunts.
2018-07-18 18:08
Myanmar AstralisGoat 
Give Fnatic their money then piss off from eSports stupid trash.
2018-07-18 18:59
smooya | 
United Kingdom trtr098 
Blame the Chinese government when you don't have the money to pay out. Retarded tournament, typical Chinese mentality who tries to be the 'global spotlight' by inviting tier 9999 teams from countries people never heard of and forbid international teams. The viewership number is a joke even domestically, it's throwing money away in the literal sense with little revenues generated, no wonder they are broke. Good to know that this stupid tournament won't be happening next year.
2018-07-18 19:24
Their blaming somehow makes sense, as China is applying a very strict foreign exchange control policy, but clearly the most important factor is organizor's inefficiency. However, though I have the same feeling that they are throwing money, this stupid event will still happen next year :(
2018-07-18 20:17
United States jaeger_steam 
"Cross all the i's and dot all the t's" Lul
2018-07-18 20:04
emailed them. they said they gonna send me seizeds money right away. thx.
2018-07-18 20:47
United States eqinterix 
Wow give some to us HLTV poorfag plz
2018-07-19 04:24
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