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Euroleague: Dubai’s entry announced on Wednesday

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Historic week for Euroleague are going through. The meeting of the teams/shareholders of the organization in the next two days is expected to formally approve the team’s entry Dubai in the ranks of the organization, initially in the Eurocup.

Only a small minority has expressed objections, since most shareholders want the entry of the Arabs, considering that it will give breathe new life into the event bringing significant revenue and will open up a new market. At the same time, ways have already been discussed in order to ensure that the competition, so that the new team does not… break up the market with the contracts it will offer and the ability to attract top players by forming a super-team. The deal, which is said to include the holding three Final 4 series in Dubaiwill yield 75 million euros in total for the eventwhile the Arabs will bring the Euroleague extra income from commercial agreements.

In the first phase and for at least one season, but possibly two, the Dubai team, which will be newly formed, will participate in the Eurocup, while if this transitional period passes successfully, it will jump to the Euroleague. In fact, on Tuesday the Adriatic League to approve the entry of the same Dubai team into its ranks, in exchange of course significant income for the teams of the league, while it is rumored that – at the same time – the presence of Partizan and Red Star in the Euroleague will be permanent.

Source: Sport Fm

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