On Tuesday, Vexed's management confirmed to theScore esports that the organization had ceased all esports operations effective immediately. Now, their former CS:GO roster has weighed in on the circumstances.

RELATED: Vexed shuts down esports operations, drops CS:GO and Hearthstone teams​

In a statement issued to HLTV, the roster explained that the organization became unable to cover typical player expenses like travel and salaries, and that the situation lasted almost a month to a total cost of about 10,000 Euros.

"The organisation will be shut down and the blame was put on the sponsors, who apparently did not pay for advertisements. They left us without support, even though they could have sold us to other organisations, who were willing to pay enough money for us. At least now, the new organisation will avoid the extra cost of signing us," the players said in the statement.

The team will compete as noKappa, with their next scheduled match slated for tomorrow in the Razer Rising Stars European League Qualifiers against PENTA.

Josh "Gauntlet" Bury is an expert pistol marksman; he could shoot you from Stuttgart and still create the proper effect. You can find him on Twitter.