It said that it will find a team to fund its roster under a new banner to continue the players’ careers.

“As an organization. We could not be any prouder of the successes our Execration Mobile Legends Team have earned, especially from the results of the last MPL and MSC season. Accolades aside, we pride ourselves as an organization that builds meaningful and supportive relationships with each of our players as a family would. And at the end of the day, this is what’s important for us,” Execration said in a statement.

“Due to unfortunate circumstances, we are supporting the current Execration ML team by finding an ideal organization where they can continue to thrive and find success. Once an agreement is finalized, we will make an official announcement for the next organization that will continue their journey,” it added.

The announcement came after speculations on social media are spreading that TNC is looking to expand its horizon and invest in a Mobile Legends: Bang Bang team.

Execration member Billy “Z4pnu” Alfonso also revealed in a Youtube vlog that the management is on-talks with other teams to buy out the roster for the upcoming MPL PH Season 8.

Execration’s recently won the Mobile Legends: Bang Bang Southeast Asia Cup 2021 against rival and co-Filipino squad Blacklist International.