EuroLeague Considers 11 Franchise Bids Worth Nearly €700M
12 Articles
12 Articles
The Euroleague board made a decision to accept the candidacy of 11 clubs and include them in the final selection process for future franchises.
The Euroleague Commercial Property Company (ECA) shareholders' meeting held on Tuesday focused on the league's expansion plans and the new franchise model.
EuroLeague has pre-qualified 11 candidates for its new permanent licensing system. It was emphasized that the investment offers came from Europe and the Middle East, and the league and its clubs aim to reach a total value of €4.3 billion by 2027.
Greek interest is a given, with PAOK and Aris in contact about entering the top European inter-club basketball tournament.
According to an official announcement, more than 20 teams have expressed interest in becoming a franchise in the Euroleague, including Aris and PAOK. The 11 teams received pre-approval. The post EuroLeague chaos: “More than 20 teams are interested in playing” – Offers also from Aris, PAOK appeared first on in.gr.
After the meeting that took place this Tuesday, more than 20 clubs and investment projects have shown interest in getting a franchise...
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