Euroleague assembly conclusions

The Euroleague general assembly took place yesterday in the organisation’s brand new offices in Barcelona. Amongst others it was decided that the A licenses will be increased to fourteen.

 

The best news came from the financial aspect of the competition which improves its economic performance by 18% despite a bad financial year in almost all over the world.

At the same time the attendance grew by 24%, mainly thanks to Fenerbahce Ulker fans, while the capacity at Euroleague arenas was improved by 11%, compared to 2009/10 season.

Same goes for the Final Four profits which increased by 10%.  On the sporting side of the competition, it was decided that the A licenses will be increased to fourteen, to facilitate Asseco Prokom with one. The licensing rules regarding the Spanish clubs were also changed while a new Euroleague qualifiers format was approved, consisting of two groups -each with eight teams and single-elimination tournaments- whose winners will proceed to play in Euroleague.

The 2011/12 campaign will tip-off in OAKA, on Monday, October 17 where Panathinaikos will host a team from their group. The Final Four will take place in Istanbul from May 11 to 13.

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Finally, all Eurocup teams were approved as well, while the competition’s new offices were inaugurated in Barcelona and three meeting rooms were named after Zeljko Obradovic, Dejan Bodiroga and Sarunas Jasikevicius.