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Compare full coverage across 5 outlets
By מערכת אתר ערוץ הספורטOngoing story · 2 updates
Sports14:55 · 9h ago

Maccabi Tel Aviv's Budget Ranks Mid-Tier in EuroLeague

Sport5
Translated & summarized from Sport5 by baba
The story · English

Maccabi Tel Aviv's chairman, Shimon Mizrahi, announced the team's budget for the upcoming season will be approximately $32 million, the highest in the club's history. Converted to Euros, this figure stands at around 28 million, placing Maccabi Tel Aviv in the same financial tier as Partizan Belgrade, whose president, Ostoja Mijailović, stated their budget is also 28 million Euros.

Other EuroLeague teams have reported varying budgets. Bologna confirmed a 25 million Euro budget, while Crvena Zvezda indicated a budget similar to last season, around 20 million Euros. Villeurbanne, initially planning a 59 million Euro budget that attracted top players, has now set its budget at 24 million Euros, likely positioning them at the bottom of the league. Beşiktaş, a new entrant to the EuroLeague, is reportedly aiming for a 30 million Euro budget, surpassing Maccabi Tel Aviv.

Estimates for other teams are based on player salaries, recent signings, and market trends. Panathinaikos is estimated to have a combined budget of about 60 million Euros, and Valencia's budget is expected to exceed 35 million Euros after management promised an increase from last year. Real Madrid and Olympiacos are both estimated at around 45 million Euros.

Based on player salaries and taxation in Europe, Maccabi Tel Aviv's budget is estimated to rank between 11th and 16th in the EuroLeague, alongside Partizan Belgrade and below teams like Beşiktaş and Dubai. A separate estimate for Hapoel Tel Aviv, reported in May, placed their budget at approximately 260 million Shekels.

Read the original at Sport5
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