EuroLeague shareholders approve move toward permanent franchises

EuroLeague’s 13 shareholder clubs have agreed to proceed with converting their existing 10-year licenses into franchises. The decision was made during the Euroleague Commercial Assets shareholders meeting in Cernobbio, Italy, on October 6, where club owners discussed the long-term structure of the competition. The 13 clubs involved in the franchise conversion are Anadolu Efes Istanbul, […]

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