Zalgiris board resigned, money coming in

ImageAfter the news appeared about Zalgiris losing their players, some action was taken. The club received 2.2 million Litas and 300,000 was reserved to insure bank's interest reports news portal atn.lt. In total it half of the money that the team was asking for.

Zalgiris will have a new board. General Manager Gediminas Navikauskas took responsibility for the club's fiancial problems and decided to resign from his position. He was followed by other members of the board.

Paulius Motiejunas who was a communications director at Zalgiris until this season (he became general manager of the new club Kaunas Triobet) was elected as the new general manager.

More news should come tomorrow.