By Eurohoops team / info@eurohoops.net
The 11 clubs that own a EuroLeague A license are expected to gain a bigger role in the governance structure of the competition, following decisions that were taken during the ECA Shareholders Executive Board meeting Monday (26/4).
The meeting comes after the discussions that have been held in Athens between seven out of the 11 clubs with a EuroLeague A license. Financial issues and governance was the key issue that initiated the talks and according to the press release, EuroLeague basketball “will propose measures to further integrate all 11 clubs into the governance structure of all collective properties at the upcoming ECA Shareholders Meeting”.
So far a number of club representatives were also included in all EuroLeague committees and boards, however, those committees and boards are expected to be expanded and include all 11 clubs.
Per EuroLeague Basketball:
Meeting in Barcelona on Monday, April 26, the members of the ECA Shareholders Executive Board agreed on the following points:
– All 11 clubs are fully committed to their unity as the founding pillar of their collective property and are convinced that such unity has delivered success over the last 20 years.
– All 11 clubs remain committed in their vision of taking the necessary joint steps to continue building on that success, bringing the competitions to new heights.
– Euroleague Basketball will propose measures to further integrate all 11 clubs into the governance structure of all collective properties at the upcoming ECA Shareholders Meeting.
Photo: Archive