Photo: EuroLeague Basketball

ASVEL Basket is preparing for a major reset both financially and competitively, with former Los Angeles Lakers owners Joey and Jesse Buss among the potential investors interested in the club through Buss Sports Capital.

At least two additional investors are also expected to join the project as ASVEL strengthens its commitment to the EuroLeague after previously being viewed as a possible exit candidate.

The French club has already started targeting high-level additions for next season.

As previously reported and confirmed by Eurohoops sources, Armoni Brooks is expected to arrive in Villeurbanne on a two-year deal worth around 4.5 million euros.

ASVEL is also reportedly interested in Sylvain Francisco, Timothé Luwawu-Cabarrot, Frank Ntilikina, and Guerschon Yabusele as the club looks to rebound from a disappointing season in which it finished last in the EuroLeague standings with an 8–30 record.

Tony Parker is expected to lead the team from the bench next season.

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