When we hear Free Redical, it makes it sound like the whole original team is there. when in fact there are probably 90% of the staff are gone and the remaining are few pink and purple haired dudes that spend their time on twitter fighting normal people.
If the team had something to show, or even a remaster of the old games that are presentable and playable, I would assume Embracer would have release these online already at PSN/Xbox or even on PC under Epic launcher for Free ( if costs of releasing a complied build was an issue to Embracer and fearing it wont make any money to cover the cost of releasing it on a platform.
but truth remains, They showed nothing of promise for years now. so good riddance to be honest.
I would rather the studio to close rather than tarnish a game that is considered a classic.