Counter Logic Gaming have "stepped back" from Counter-Strike, the organization announced Thursday.

They will no longer field their primary or academy rosters, but will retain CLG Red, their women's team, a spokesperson for CLG told theScore esports.

This news follows a report by independent journal Jarek "DeKay" Lewis that CLG was leaving CS:GO due to internal financial issues within the team. CLG's press release does not explain why the organization is leaving CS:GO.

"CLG has been in competitive Counter Strike since the beginning of 2015. Since then, the competitive sport, community, and industry has grown massively into what it is today," CLG wrote in a press release. "It has been amazing to see the collective rise of esports and CS:GO at the forefront of it. After several months of analysis and internal discussion around our business strategy, as well as the economics of the sport, we reached this difficult decision."

In a TwitLonger released following the news, in-game leader Pujan "FNS" Mehta stated that he only found out CLG was dropping out of CS:GO last night, and that he felt like the team was never truly committed to the game.

"As great as the organization is, I never felt that they were convinced in CSGO enough to dish out money to get the players needed to succeed," FNS wrote.

"My entire goal in 2017 was to win or at least make a grand final and when we were coming close and making deep runs at tournaments, it seemed like a good idea to stay, but looking back, I should have just departed when Imapet did. Regardless of that, I'm glad I was able to fulfill my contract with CLG and stick out the entire year with them. Again, I wish the players and organization nothing but the best of luck."

CLG first entered CS:GO in 2015, and were often considered one of the stronger North American teams in the space. CLG were also recently purchased by the Madison Square Garden Company, who own the New York Knicks, and acquired a spot in the franchised North American League of Legends Championship Series.

In the press release CLG say they are "parting ways" with their main and academy CS:GO rosters, though DeKay's initial report alleged that CLG would keep players under contract to sell them to other organizations.

Daniel Rosen is a news editor for theScore esports. You can follow him on Twitter.