TALON acknowledged allegations of unpaid player wages and unpaid interest on loans owed to Nemesis..

Hong Kong esports club TALON acknowledged allegations of unpaid player wages and unpaid interest on loans owed to Singaporean club Nemesis via its official X (Twitter) account on Thursday.

The official statement read, "We acknowledge the recent allegations surrounding our financial situation. TALON takes governance issues seriously and is committed to handling them responsibly and transparently."

"While our operations remain stable, and in the interest of transparency, we acknowledge that there have been some unforeseen administrative delays in prize pool distribution."

"We recognize this may be causing disruption to our players and have taken proactive steps to address this issue. All outstanding balances will be paid to all former players by September 6, 2025, and to active players by September 30, 2025. We deeply apologize for any delays and are sorry for any inconvenience caused. We sincerely apologize to the players for any dissatisfaction."

"We reiterate our unwavering commitment to the well-being of our players. To this end, all players' salaries have been paid in full to date."

"To address the missteps in our financial operations, we are working closely with legal and financial advisors to ensure a resolution based on evidence and due process."

"Our responsibility to our players, fans, partners, and the broader esports community is paramount. We appreciate the community's patience and support during this process and will share more updates in due course."

What Happened

On August 26th, Nemesis CEO Momo (X user ID: hedgehog7) posted a complaint alleging that he had lent $1 million to TALON owner Sean at an agreed annual interest rate of 5%. However, Sean delayed repayment of the principal by approximately two months, exceeding the agreed repayment timeframe, and had yet to pay $75,000 in interest.

Momo later released screenshots of their conversations, raising concerns about TALON's financial situation.

As public opinion continued to escalate, Sean finally responded the next day. He defended himself by claiming that he had actually transferred the funds via bank transfer at 10:30 PM Hong Kong time on August 26th, even attaching two screenshots of the bank transfer records. He claimed that delays in the international remittance process between banks had delayed the payment of part of the loan to Momo by several hours.

However, Momo was unconvinced by Sean's explanation. He stated that he would no longer have any financial dealings with him and requested that Riot Games investigate TALON's financial situation.

In fact, prior to this, allegations had surfaced online that TALON was withholding payments to its DOTA 2 players and Valorant coach.

Its former team captain Kuku was alleged to have complained about unpaid wages, leading to a bitter breakup between the two parties in July of this year.