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“Dubai will have a team in the Euroleague from the new season – Huge financial injection for the teams”!

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With today’s publication, “Mundo Deportivo” is coming to drop a “bomb” on European basketball, changing its map forever Euroleague as we knew it until now!

As the Spanish Medium reveals, the decision has already been made Dubai to get his own team in Euroleague from the new season!

Thoughts on team entry from the city of United Arab Emirates in the top European competition, it has been in the ranks of the EuroLeague shareholders for a long time, and now it seems that everything has entered the final stretch for Dubai to enter European basketball for good!

In fact, according to the Spaniards, the negotiating committee of the Euroleague, which consists of its representatives Panathinaikos AKTOR, Bayern Munich, Barcelona and Fenerbahce are those who are working on this issue, with the meeting of 13 Euroleague shareholder groups scheduled for next February, to a large extent judge the outcome of the case.

A deal expected to fill the tournament’s coffers, with the Arabs willing to throw 150 million euros in the next six years! In fact, the agreement in question provides that each of the 13 shareholders of the Euroleague will collect the amount of 1 million euros over the next five yearsthus giving a huge financial “injection” to the teams!

More in a while…

Source: Sport Fm

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