It is no secret that Panathinaikos and Olympiacos have put their hand in the pocket to create impressive roster in their attempt to conquer the Euroleague.
This is exactly what happens from a detailed research by “Basketnews” to increase budgets in the top European event the latest three years. It is characteristic that all groups other than war influenced Maccabi and the troubled by financial problems Barcelonahave small or large increases in their expenses over three years ago.
The numbers in the two Greek teams are really impressive. THE Panathinaikos had 2022 total budget 9.5 million eurosand has now climbed to 37 million euroswithout calculating the enormous expenses for the renovation of the OAKA. The ‘green’ budget, in other words, has almost quadrupled (290% increase), as well as their salary (from € 5.5 million in 2022 to EUR 20.5 million in 2025).
Corresponding investment has also been made in Olympic. In 2022, the ‘reds’ went to Final Four With a budget of 15 million euros and a payroll of € 8.5 million. They now have identical numbers with the “clover” after spending overall 37 million eurosof which 20.5 are for wages. That is, they have more than doubled their expenses (147%increase).
As far as other groups are concerned, the highest overruns have been made by the Red star (budget increase by 162%) and the Monaco (100%budget ruling).
Source: Sport Fm
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