Great British Baking Show: Sue Perkins & Mel Giedroyc departing

It’s a sad day in the Great British Baking Show tent. Sue Perkins and Mel Giedroyc, two of the popular baking competition’s hosts, announced their departure in light of the show’s move from its home on the BBC to Channel 4 for its next season in 2017.

After a bidding war — in which the BBC was said to offer £15 million (nearly $20 million) per year to keep the show on its commercial-free network — the broadcasting corporation ultimately lost out to Channel 4, when the production company behind the show, Love Productions, rejected any offers below £25 million annually, the BBC reported. With the news of the move, the hosts announced on Monday they had opted to not renew their contracts for GBBS, which is known as the Great British Bake Off in the U.K. And with the help of a pun or two, they explained in a joint statement sent to EW why they won’t follow the show to Channel 4.

“We were very shocked and saddened to learn yesterday evening that Bake Off will be moving from its home. We made no secret of our desire for the show to remain where it was. The BBC nurtured the show from its infancy and helped give it its distinctive warmth and charm, growing it from an audience of two million to nearly fifteen at its peak. 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.”

Perkins and Giedroyc have provided comedy, comfort, and commentary as a comedic duo since the show began on BBC Two back in 2010, and alongside judges Mary Berry and Paul Hollywood have become significant ingredients in the show’s success.

In a statement, the BBC shared its sadness regarding the move. “Working with Love Productions, we have grown and nurtured the program over seven series and created the huge hit it is today. We made a very strong offer to keep the show but we are a considerable distance apart on the money. The BBC’s resources are not infinite.”

The statement continued: “GBBO is a quintessentially BBC program. We hope Love Production change their mind so that Bake Off can stay ad free on BBC One.”

Statement on Great British Bake Off: pic.twitter.com/j4D0mMoqmN

— BBC Press Office (@bbcpress) September 12, 2016

Say goodbye to Perkins and Giedroyc’s hilarious baking puns and less-than-subtle innuendos.