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Lithuanian basketball leaders who participated in the meeting did not wrap themselves in cotton and said the situation is dramatic.
Remigijus Milašius, the head of the Lithuanian Basketball League, estimates that due to the pandemic, his organization suffered around 13 million. loss of euros.
“Only Žalgiris has lost about 6 million, and it is our flagship, which makes the whole country famous in Europe,” calculated the head of LKL.
The general secretary of the Lithuanian Basketball Federation, Mindaugas Špokas, hinted that the 135-member organization lost as much as 14.7 million. euros.
“We believe that sport creates added value, so we are happy that this debate is finally getting organized. Without losing tickets only, we lost 5.5 million. Euros. We must have some kind of compensation mechanism,” expected M. Špokas.
Paulius Motiejūnas, Managing Director of Kaunas Žalgiris, said that COVID-19 is pushing hard in the corner and is the strongest team in the country.
“We do not get revenue from tickets, sponsor budgets also shrink as earnings decline. We are trying not to lose them and we are not doing well so far but I will be open, we are slow to pay the players. If there are no compensations, those debts will drag on and you will have to think about how to pay them off in the coming seasons. The situation is sad. We would not ask for support if we had spectators. Now we don’t have the rod with which we can fish, “said the CEO of Žalgiris.
However, Vice Minister of Economy and Innovation Vincas Jurgutis could not promise anything concrete so far and stated that there are no additional subsidies in the approved budget of the Seimas.
“It just came to our attention then. The budget has a budget of 230 million euros and the measures are already worth around 350 million euros. I don’t know how to get rid of additional millions,” said V. Jurgutis.
The athletes did not hear positive signals from the Vice Minister of Finance of the Republic of Lithuania, Gediminas Norkūnas, or the Vice Minister of Education, Science and Sports Linas Obcarskas.
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