Last week, Sheep Esports reported that the League of Videogames Professionals (LVP) — which runs Spain’s national League of Legends championship (the Superliga) and VALORANT Challengers Spain, while also serving as the Spanish-language broadcaster for both the LEC and VCT EMEA — was preparing to lay off 59 employees, at least temporarily, under an ERE (Expediente de Regulación de Empleo).

According to our information, a meeting was held this Tuesday between company representatives and the owners of the Superliga’s participating teams. And the conclusion casts the entire local ecosystem into uncertainty: LVP is stepping away from organizing the League of Legends Spanish competition. According to our information, however, Riot has guaranteed to the teams that the Spanish ERL will continue to exist, but under the stewardship of a different organizer, still to be decided.

Which future for VALORANT?

In an email sent to teams by Riot Games and reviewed by Sheep Esports, the publisher stated that it is currently in discussions with “interested parties” and expects to provide further updates to the teams by the end of October. Per sources, GGTech Entertainment, LASTLAP of Atresmedia and Webedia are among the considered new organizers. The company, owned by the MediaPro Group, could discontinue its broadcasting operations for European and international LoL events.

The disruption of the national league structure could lead Riot Games to cease relying on LVP for the international broadcasts of its various formats. According to Sheep Esports, although no explicit contractual relationship stipulates this, the prevailing practice (except Webedia and OTP in France) is that the organizer of the regional leagues holds the international broadcast licenses for Riot’s game. LVP will, however, continue operating until the end of November, organizing the Iberian Cup with its final at Zaragoza’s OWN and handling international broadcasts until the end of this year.

One unresolved question remains: whether LVP will continue overseeing VALORANT Challengers Spain. According to our sources, the company has until the end of the month to decide. Should it step away, Riot has also guaranteed to the team the continuation of the VALORANT national competition, with a new organizer.

LVP will not close

For more context, in Spain, an ERE is a formal legal mechanism that enables companies to restructure their workforce for economic, technical, organizational, or production-related reasons. It can take the form of collective layoffs, temporary suspensions of employment, or reductions in working hours. For LVP, the specific type of ERE and the eventual outcome will, according to sources, hinge on the organization’s financial results in 2026.

Mediapro purchased Fandroid Entertainment, LVP’s parent company, for around 22 million euros. Since then, it has faced difficulties recovering that investment. Over the last three years, the group’s central management has enforced strict budget controls, restricting spending to actual revenues and halting any new investment. Despite these difficulties, LVP will not close. Per sources, the company plans to adjust its strategy, even if it continues with VALORANT. While VALORANT could persist, LVP will now primarily focus on organizing events, productions, and broadcasts for third-party companies.