PRESS RELEASE |

ECA Shareholders Executive Board meets to discuss updated COVID-19 situation

Members of the Euroleague Commercial Assets Shareholders Executive Board met remotely on Thursday, April 9, to share updates on the impact caused by the spread of the COVID-19 global pandemic.

Executive Board members agreed on the following decisions:

-To continue one unified negotiation at the league level with the EuroLeague Players Association and the EuroLeague Head Coaches Board with the objective of reaching agreements with both associations.
-To continue to work on alternative scenarios that may allow to resume and complete the EuroLeague and EuroCup seasons, provided that adequate health & safety measures are in place for players and all other participants.
-To work on collective mid and long-term plans to minimise the negative economic impact and boost clubs recovery.
-To continue the #EUROLEAGUEUNITED campaign efforts to stay as close as possible to each clubs community and to all basketball fans in general.
-To conduct periodic remote meetings amongst the league and club executives from basketball operations. business, finance, legal, marketing and communications to share information and coordinate strategic efforts.

Euroleague Basketball (EB) is a global leader in the sports and entertainment business, devoted to running the top European competitions of professional basketball clubs under a unique and innovative organizational model. Owned and administered by some of the most successful and historic clubs in the world, EB manages and organizes the continent’s two premier men’s basketball competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, as well as the sport’s premier under-18 showcase, the EB Adidas Next Generation Tournament.

The EB competitions bring the elite of European basketball to all five continents and to the entire sports community through the OTT platform EuroLeague TV. EB also organizes a series of community and educational programs. Its ground-breaking corporate social responsibility program One Team features all EB clubs that have already made a difference in the lives of over 19,000 participants. Its Sports Business MBA trains future professionals in sports management.