EuroLeague to Distribute Billions to Clubs Amid Expansion Plans
Translated & summarized from N12 by baba
The EuroLeague announced plans to distribute 3.4 billion euros to 21 permanent member clubs over the next decade, aiming for annual profits of 650 million euros and a 13 billion euro valuation. The league will expand to 24 teams next season and 28 by 2031, with improved club financial stability as a goal. Israeli clubs Maccabi Tel Aviv, Hapoel Tel Aviv, and Hapoel Jerusalem stand to benefit financially from these changes.
The story in 5 lines · by baba
- EuroLeague will distribute 3.4 billion euros to 21 clubs over the next decade.
- The league plans to expand to 24 teams next season and 28 by 2031.
- Annual profits are projected at 650 million euros, with a 13 billion euro valuation.
- Maccabi Tel Aviv is expected to receive around 200 million euros.
- Hapoel Tel Aviv and Hapoel Jerusalem could earn 100 million euros each if granted licenses.
The EuroLeague announced plans for significant financial distribution and expansion over the coming decade. Approximately 3.4 billion euros are slated to be divided among 21 permanent member clubs by 2034. The league anticipates annual profits of 650 million euros and a valuation of 13 billion euros.
This financial injection is expected to support league expansion, including stadium upgrades and new constructions. The league is set to grow in size, first to 24 teams starting next season, with a further expansion to 28 teams planned for 2031. This move aims to improve the financial stability of participating clubs, with projections that all teams will be self-sufficient in the future, compared to the current situation where about 40% are considered stable.
The financial implications for Israeli basketball are substantial. Maccabi Tel Aviv, already a senior member, is expected to receive around 200 million euros over the next decade. Hapoel Tel Aviv and Hapoel Jerusalem, if granted permanent status, could each earn approximately 100 million euros over the same period. However, if these two clubs do not secure licenses for the upcoming season, they will have to wait for the 2031 expansion window.
