Rome, Oct. 6 (LaPresse) – The thirteen shareholder clubs of the EuroLeague – meeting today in Cernobbio – have decided to continue the process of transforming the current ten-year licenses into franchises and to continue considering an expansion of the number of teams. This emerged from the statement issued at the end of the meeting, which focused on strategic choices for the future of the competition. “The owners of the clubs present agreed to proceed with the conversion of the current ten-year licenses into franchises for the thirteen ECA shareholder clubs: Anadolu Efes Istanbul, Baskonia Vitoria-Gasteiz, CSKA Moscow, Armani Olimpia Milano, FC Barcelona, FC Bayern Munich, Fenerbahce Istanbul, LDLC ASVEL Villeurbanne, Maccabi Tel Aviv, Olympiacos Piraeus, Panathinaikos Athens, Real Madrid and Zalgiris Kaunas,” the statement said. “The clubs agreed to continue the process of expanding the number of franchises. The club owners instructed the Board of Directors to continue the review process and present a final recommendation for approval in the coming weeks,” it continued. As for the future of European basketball, the document does not mention the NBA or the US league’s proposal, but the conversation nevertheless remains open.
Basketball, EuroLeague: “The 13 clubs moving forward with the franchise project, no NBA offer”
Rome, Oct. 6 (LaPresse) – The thirteen shareholder clubs of the EuroLeague – meeting today in Cernobbio – have decided to continue the process of transforming the current ten-year licenses into franchises and to continue considering an expansion of the number of teams. This emerged from the statement issued at the end of the meeting, which focused on strategic choices for the future of the competition. “The owners of the clubs present agreed to proceed with the conversion of the current ten-year licenses into franchises for the thirteen ECA shareholder clubs: Anadolu Efes Istanbul, Baskonia Vitoria-Gasteiz, CSKA Moscow, Armani Olimpia Milano, FC Barcelona, FC Bayern Munich, Fenerbahce Istanbul, LDLC ASVEL Villeurbanne, Maccabi Tel Aviv, Olympiacos Piraeus, Panathinaikos Athens, Real Madrid and Zalgiris Kaunas,” the statement said. “The clubs agreed to continue the process of expanding the number of franchises. The club owners instructed the Board of Directors to continue the review process and present a final recommendation for approval in the coming weeks,” it continued. As for the future of European basketball, the document does not mention the NBA or the US league’s proposal, but the conversation nevertheless remains open.