wants to close an annual tournament with losses 4 million



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However, there is no fire without smoke; It turns out that neither the Spanish nor the other clubs awarded and continue to express their discontent with J. Bertomeu. The main demand of all teams for the coach, as announced by Mundo Deportivo, is to cancel the losing tournament of the European Cup.

The Euroleague teams are convinced that this competition is null and void. The second European tournament in terms of capacity, with 24 teams fighting, is said to cost around € 7 million a year, but generates only € 3 million in revenue.

Euroleague teams are convinced that the money could be used to establish the strongest European basketball club tournament, to fund clubs.

On the other hand, Mundo Deportivo assures that, in essence, the European Cup tournament is a kind of red FIBA ​​jersey, which is organizing its Champions League. The European Cup thus becomes an important trump card in future negotiations with FIBA ​​on exceptional conditions for the Euroleague.

Mundo Deportivo journalist José Ignacio Huguet, on the other hand, said that the organizers of the European Cup promise to change the format: next season only 20 mt teams will compete in two groups, many of them will receive long-term licenses of 3 years.

However, it is expected that in the 2023-2024 season, the Euroleague will become a closed tournament in general, without clubs leaving and entering it, so the European Cup will lose its value as there will be no possibility of break into the Euroleague.

According to the NBA analog, 13 clubs with long-term licenses should compete in the Euroleague battles, including Kaunas “Žalgiris”, and the total number of participants is not defined, although 20 teams were mentioned.

“Only the visiting team will enter the Euroleague after 2023, if the club participating in the tournament will face financial difficulties and will not be able to continue competing,” the Spanish newspaper said.

The Euroleague will also seek the opinions of the FIBA ​​management and the organizers of the various national championships for 2023 on the possible reaction to the closed tournament, if there will be something similar to what happened with the Football Super League. Also, the goal will be to get real promises from serious backers by then.

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