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Will The Great British Bake Off survive without its beloved hosts?

The Great British Bake Off fans, break out the tissues, because we will officially be bidding adieu to beloved hosts Sue Perkins and Mel Giedroyc when the show leaves the BBC after this season.

The show’s production company, Love Productions, made the final decision this week to leave the BBC for a more lucrative deal with the British Channel 4, and Perkins and Giedroyc are simply not having it.

“We made no secret of our desire for the show to remain where it was,” they said in a statement, according to The Guardian.

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The BBC reportedly offered £15 million, which was double Bake Off‘s previous contract, to keep the show where it was, but Love Productions demanded an estimated £25 million a year.

“Unfortunately, we were unable to agree either a fair valuation, nor were the BBC able to provide the necessary comfort for the future protection of such a distinctive and much-loved television series,” Love Productions said in a statement, via The Guardian. “We would like to thank Mel and Sue for bringing their own unique humour to the tent over the past years and we respect their decision not to be part of the Bake Off team on Channel 4.”

Perkins and Giedroyc made it clear that they cannot be swayed by dollar signs, and the rest of their announcement of their departure was, of course, sprinkled with numerous delightful baking puns.

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“The BBC nurtured the show from its infancy and helped give it its distinctive warmth and charm, growing it from an audience of 2 million to nearly 15 [million] at its peak,” they said. “We’ve had the most amazing time on Bake Off, and have loved seeing it rise and rise like a pair of yeasted Latvian baps. We’re not going with the dough. We wish all the future bakers every success.”

The big question now is whether or not Bake Off will even live to see another season, being that Perkins and Giedroyc’s saucy personalities were the major draw to the program. Judging by their statement, Love Productions seems confident, but there aren’t many others who echo their sentiments.

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What do you think will happen to the show now that Perkins and Giedroyc are leaving?

Before you go, check out our slideshow below.

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