IESF Official Statement on WEC24 Prize Pool Allocation

The International Esports Federation acknowledges the concerns raised regarding the 15% deduction in prize pool payouts to certain winners of the World Esports Championship 2024.
We want to assure all stakeholders that this matter has been thoroughly investigated and resolved, and we remain committed to the highest standards of transparency.

Differences in accounting systems, invoice timing, payments, and financial balancing have led to temporary imbalances in the financial records, and both financial teams have reconciled these discrepancies. We acknowledge that our trusted host and financial partners fulfilled their obligations in accordance with agreed timelines and protocols.

Following close coordination between both financial teams, all discrepancies have now been addressed, and prize distributions are being updated to reflect the full amounts owed. As part of IESF’s governance framework, the Audit, Risk, and Governance Committee is conducting a final review to validate the resolution. Once complete, all affected nations will receive the remaining balance of their prize winnings without further delay.

IESF reaffirms its dedication to transparency, accountability, and close collaboration with all member nations and partners. We appreciate the patience and understanding of the esports community as we bring this matter to a close.

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The International Esports Federation acknowledges the concerns raised regarding the 15% deduction in prize pool payouts to certain winners of the World Esports Championship 2024.We want to assure all stakeholders that this matter has been thoroughly investigated and resolved, and we remain committed to the highest standards of transparency. Differences in accounting systems, invoice timing,
The post IESF Official Statement on WEC24 Prize Pool Allocation appeared first on IESF.