While Copenhagen Wolves have been having a fantastic level of success in their play as of recent and being the only remaining relegated team to retain their spot in the LCS, things were unfortunately a little more complicated on the business end of the spectrum.
The roster of ex-Copenhagen Wolves has decided to temporarily rename themselves PanDan until another, more suitable sponsor picks them up. Though not releasing further details, the team has left their sponsor behind due to issues regarding money. Despite losing their sponsor, the rumor Copenhagen Wolves disbanding is not true and they are simply without a sponsor, but remain a competing team in the LCS.
Source - Gaming.dk