“Žalgiris” shouts for help: “We are late in paying the player’s salaries and the situation is difficult” / News



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Photo: BasketNews.lt/D. Shell

Photo BasketNews.lt/D. Shell

Paulius Motiejūnas, President of Kaunas Žalgiris, Remigijus Milašius, President of LKL and General Secretary of LKF participated in a meeting of the Economic Committee on Wednesday, where they discussed measures to support sports clubs and federations during the second quarantine.

Kaunas Žalgiris / Schedule

Motiejūnas emphasized that support for Žalgiris is necessary, because spectators cannot attend matches for the entire season, which deepens the club’s debts and delays payments to players.

“It just came to our notice then. With the fans (support) it is also decreasing, because everyone’s gains are decreasing, we are trying not to lose them, which is something successful, Motiejūnas said at the meeting. such that we are behind with the salaries of the players “.

“If we do not receive compensation, it will be that the debts will lengthen and we will think about how to pay them off in future seasons. The situation is really sad. We would not ask for compensation if we had spectators, but now there is no fishing rod with which we can earn money ”, added the director of Žalgiris.

We remind you that “Žalgiris”, who presented the budget a season ago, planned that This season’s revenue will reach 9.2 million. 9.7 million euros. euros. Of these, 9.2 million are planned. revenue, ticket sales accounted for more than a quarter – 2.6 million euros.

At the time, Milašius stated that the Lithuanian champions lost 6 million due to the pandemic. euros.

“When we stopped the championship last March, we tried to count how much we had lost until March 1 of this year. The figures seem very impressive: around 13 million euros. Only Žalgiris have lost 6 million, which is an exceptional club that it participates in the Euroleague, gathers the largest number of spectators and probably dominates not only in Lithuania, but also in Europe, ”said Milašius.

“We have made it clear where we are losing money: spectators, no advertising revenue. There is also a rental hall. For example, the stadium in Klaipėda is not owned by Neptūnas: all pavilions are awarded on the concession principle or belong to sports centers .

Clubs have to pay for it. Due to lack of time, I will not mention more points, but the total amount is 13 million ”, concluded the president of LKL in his speech.

At the time, Špokas emphasized that the 135-member basketball federation had lost an even greater amount, which was due to the European Championship selection without spectators.

“We believe that sport is an additional part of the economy. We have 135 members with a total loss of $ 14.7 million. Euros. Tickets represent the majority of $ 5.5 million. Euros.

For example, these things (ticket sales) are difficult to plan. You have seen that two windows of the European Qualifiers were already running without spectators. We fulfilled our logistics and hotel obligations, but unfortunately we were unable to receive income. I want the European Union, as I said, to have mechanisms to help, we are not the ones who have come to ask for money and we are happy that they listen to us ”, Špokas commented.

Žalgiris budget presented before the season:



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