PRESS RELEASE |

Decisions by the ECA Shareholders Executive Board

The ECA Shareholders Executive Board, meeting remotely on Monday, February 28, took the following decisions with regards to the war in Ukraine:

1.To suspend participation of Russian Federation teams in both the Turkish Airlines EuroLeague (CSKA Moscow, UNICS Kazan, Zenit St Petersburg) and the 7DAYS EuroCup (Lokomotiv Kuban Krasnodar).

2.Euroleague Basketball to continuously monitor the evolution of the situation. Should the situation not evolve in a favorable way, all regular season games versus Russian teams to be annulled to configure the leagues’ standings.

Euroleague Basketball and its clubs reiterate their firm commitment towards peace, against any acts of violence or war, and will continue to use their voice to promote respect, inclusion and diversity, values that sit at the core of the organization and its teams.

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 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 activities, led by the One Team program, in alignment with the United Nations Agenda 2030 Sustainable Development Goals. On the academic side, the EB Sports Business MBA trains future professionals in sports management.