One of Germany’s largest esports and gaming agencies, Freaks 4U Gaming, has filed for insolvency, casting uncertainty over its future operations and major event contracts. The move comes despite the company’s recent involvement in high-profile projects and a long-term league deal.

According to a report from GamesWirtschaft, the Spandau-based Freaks 4U Gaming GmbH submitted an application to open insolvency proceedings on 21st November. The Charlottenburg local court appointed Berlin Lawyer Dr Susanne Berner as the provisional insolvency administrator. At this time, no specific reasons for the filing or statements on the company’s prospects for continuation have been provided.

The insolvency filing follows a period of significant restructuring for the agency. GamesWirtschaft reported that Freaks 4U Gaming implemented what was described as a “painful” streamlining process, which included reporting significant financial losses, discontinuing several well-known formats, significant staff reductions, and exiting the influencer management business.

Subscribe to our TER newsletters here! Including On The Radar a quick weekly wrap up of all esports business stories, and the fortnightly Heat Map, a deeper dive into the stories not to be missed across esports business and culture worldwide.

This financial distress persists despite notable recent activities. In August, the agency launched a major 3,000 sqm ‘Knabe Kola Pro Arena’ at gamescom 2025. Furthermore, the company’s long-term operator deal for the League of Legends Esports Prime League in the DACH region with Riot Games was renewed through to 2027 as recently as six months ago.

In November 2025, in a date after Freaks 4U’s insolvency filing, Riot Games outlined its plans for the 2026 EMEA Regional Leagues (ERLs), including the Prime League. However, Riot only confirmed new organisers for the Spanish league. The Esports Radar has contacted Riot for comment and will update this story accordingly.

The company’s majority owner, the Indian esports provider Nodwin Gaming, which acquired its stake in July 2024, had previously taken steps to secure the German agency’s operations. According to the annual report cited by GamesWirtschaft, Nodwin provided financial assurances and additional capital to fund the ongoing business. In a previous interview with the publication, Freaks 4U Gaming CEO Michael Haenisch had cautioned that the “esports winter” was not yet over, citing sponsor and advertiser reluctance driven by economic factors and the aftermath of the COVID-19 pandemic.

Follow The Esports Radar on social media: