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Photo: BasketNews.lt/D.Lukšta
Photo BasketNews.lt/D.Lukšta
Kaunas Žalgiris presented the upcoming 2020-2021 seasonal budget in which the expense line is currently higher than the income.
Kaunas Žalgiris / Schedule
“Žalgiris” predicted that this season’s revenue will reach 9.2 million. 9.7 million euros. euros.
Kaunas Club predicted that the highest income would come from the city council (2.6 million euros) and ticket sales (2.6 million euros), from sponsors: 1.7 million euros. 1.6 million euros for television rights and bonuses. 0.7 million euros for the transfer of players to other clubs. euros.
When asked about the possible worst case scenario for ticket sales, Motiejūnas was not inclined to share the pessimistic scenario.
“We did not calculate the worst case scenario for ticket sales, because if we used to plan a year in advance, now we are planning a week in advance. There are still three Euroleague matches left, again new spectator habits. Yes in the past tickets were bought in advance, now they are bought on the last day because people don’t know if the event will take place.
We don’t want to predict, because you can always say you can’t (let viewers in), that’s actually 2.6 million. The euro line is glued to the hair, ”said the director of Žalgiris.
The largest expenses will be the salaries of players and coaches (7.2 million euros), the rest of the team’s expenses will be 1.3 million euros. 1.2 million euros for administrative expenses. euros.
By comparison, last season’s Žalgiris expenses were $ 9.6 million. Subsequently, 6.9 million euros were paid to players and coaches. euros.
The sporting goals of Kaunas residents will once again be the highest: in Lithuania, the championship title will be sought in the LKL championships and the King Mindaugas Cup, and in the Euroleague, victories that will allow them to enter the playoffs.
Colones are launched this season
“Regarding next season, I will admit that we have applied a bit (in terms of revenue), but we have requested a safe distance,” said Paulius Motiejūnas, director of Žalgiris, at the press conference. “When the season ends or the game doesn’t take place, we plan how we should work with the sponsors and we are happy to find common ground with our partners.”
“The expenses should reach 9.7 million. So the budget is in deficit, but we have additional funds from the last seasons and we will not go into debt,” Motiejūnas added.
The Žalgiris director also said that the coronavirus pandemic is a bit worrisome given the current situation.
“I’m not going to hide what gives (anxiety),” Motiejūnas said about attending the friendly tournament. – We are monitoring the situation, but we understand that everyone wants to feel safe. With this friendly tournament, we wanted to show that we can create a safe environment. “
“I must admit that I do not feel as strong when there is a COVID situation, because now we have less control than before. Looking back on last season, we plan to have 10.6 million and we got 8.8 million.” Motiejūnas said.
Speaking about last season, Motiejūnas also revealed that the COVID-19 pandemic in March adjusted the figures for 2019-2020. season.
“Last season we planned 11.9 million. The cost that we would have worked if we had reached the Top 8, but due to the interrupted season, the final result was 9.6 million euros.”, Said Motiejūnas.
Motiejūnas also noted that he expected better cooperation between clubs in the player market, but without finding a common solution, the price of basketball players in the market did not drop significantly.
“I think we could have done better. I’m not talking about Žalgiris, but about all the Euroleague clubs, because the crisis was really felt, but the prices of the players did not drop as much as they could have. We, the clubs of the Euroleague Euroleague, we did not reach a general agreement and those scissors could have really been bigger.
I don’t want to cause too much panic and anger, because if there is a second wave, as the EFTA (EuroLeague Players Association) has already shown, they are doing well and are renegotiating with the players. I think the clubs whose budgets are more stable and less dependent on revenue collection did not allow them to lower those prices as much as we could with a joint effort, ”Motiejūnas commented.
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