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Photo: BasketNews.lt/M.Yorgos
Photo BasketNews.lt/M.Yorgos
Kaunas “Žalgiris” along with nine other A-licensed Euroleague clubs reacted to Panathinaikos of Athens’ intention to leave the championship.
A letter distributed by the people of Žalgiris to the Euroleague says that the Kaunas team, Anadolu Efes from Istanbul, AX Armani Exchange from Milan, CSKA from Moscow, Barcelona, Fenerbahche from Istanbul, Baskonia from Vitoria, Maccabi from Tel Aviv, Piraeus Olympiakos and Real Madrid are eager to see the Athens Grand in the prestigious Old Continent tournament.
The teams unanimously expressed their faith in the projection of the future of the Euroleague and its implementation, in which Panathinaikos should definitely remain.
“Since the 2000s, the Euroleague licensed team has raised competition standards to the highest levels, including finance, transparency, discipline and tournament organization. Such governance principles can only be compared to The World’s Best Sports Organizations, According to the Report. “The clubs remain fully committed to continuing the decisions necessary to take the Euroleague tournament to an even higher level and to provide high-level basketball to a growing army of fans.”
Admittedly, the ten-team letter emphasizes that the clubs oppose statements made by Athens team owner Dimitri Giannakopoulo, which do not add prestige to the tournament.
The teams have stated that they will take joint measures to protect the image of the product they are developing and will work to fulfill their commitments.
This week, Panathinaikos made an official statement to the Euroleague about its intention to leave the competition and transfer its A license. Under a long-term contract signed in 2015, the team agreed to pay $ 10 million in the event of termination of the contract. compensation.
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