By Eurohoops team/ info@eurohoops.net
The VTB League officially announced that it Krasny Oktyabr sent a letter to the league, informing about its withdrawal from the competition.
As the VTB League General Director Ilona Korstin said, “We are very sorry to see Volgograd out, but one month before the start of the new season the club leaves us no choice on the matter. There is no team, no arena and no desire to solve these problems. We have until recently offered them assistance and hoped to influence the situation, but we did not receive any response. The fans of the team deserve better. A club with competent leadership that is willing to comply with legal and ethical standards in their work. Now we urgently need to decide how the tournament will take place in the absence of Krasny Oktyabr and try to minimalize the damage caused by the club’s departure.”