Index – Sports – The long Katinka League is being squeezed by creditors



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A communications company called LiveWire Sport, which has a contract with ISL, has instructed its lawyers to initiate legal proceedings against Constantine Grigorisin against a company owned by You owe a six-figure dollar amount in exchange for services rendered in the first year of the series, and the debt was not paid before the extended payment deadline of October 20.

We waited ten months to pay for the services we provided in the first season, to no avail, despite the fact that ISL acknowledged the existence of the debt. LiveWire Sport did an exemplary job in communicating ISL, even under very difficult circumstances we deserved the pay. Our attorneys in the UK and Switzerland, where ISL is registered, are also suing to recover the debt, the creditor said in a statement.

As you know, the second season of ISL is entirely in Budapest.in the Danube Arena It was made in a bubble. On Saturday and Sunday, the fight series will end with the final, which will be fought by four teams, Cali Condors, defending champion Energy Standard, London Roar and LA Current. (Katinka’s long franchise, Iron, did not make it to the final.) Jean-François Salessy, CEO of Energy Standard, resigned last week with a tough open letter to Grigorisin. Salessy He harshly criticized ISL staff, arguing that while the company pays the salaries and fees of swimmers and coaches accurately, swimmers’ agents, team leaders, service providers, technicians and other service personnel do not receive their salaries. It is known that a company called IMG Media is also waiting for you.

In its response, ISL claims to be in debt with only 5 percent of all its costs and promises to pay off all its outstanding debts before embarking on planning for season three.

We expected significant revenue, however the pandemic hit our commercial business hard and our revenue plans did not materialize. We need a change in our marketing activities, the statement said.

Despite the difficulties, ISL’s statement states that the product – the short track competition series itself – is “fantasticIt was also in the second season. Additionally, the announcement also states that the ISL virtually saved the sport when the pools closed and there was no swimming competition other than the ISL fights.

(Cover image: The start of the women’s 100-meter butterfly swim in the second match of the International Swimming League (ISL) at the Danube Arena on October 18, 2020. Photo: Szilárd Koszticsák / MTI)



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