Hapoel Tel Aviv May Join EuroLeague as Permanent Shareholder for Up to €90 Million
Translated & summarized from N12 by baba
Hapoel Tel Aviv is among six clubs being considered for permanent EuroLeague franchise status starting in 2027, with an entry fee ranging from 50 to 90 million euros. This move would grant them guaranteed participation and a share in league decisions. If successful, rival Maccabi Tel Aviv would also receive a portion of the revenue. The EuroLeague plans to expand to 24 teams next season and potentially 28 by 2030.
The story in 6 lines · by baba
- Hapoel Tel Aviv may become a permanent EuroLeague shareholder for up to €90 million.
- Six clubs, including Hapoel Tel Aviv, are candidates for permanent EuroLeague franchise status.
- The EuroLeague plans to expand to 24 teams next season and 28 by 2030.
- New permanent franchises could pay between €50 million and €90 million each.
- Existing EuroLeague shareholders may each receive around €30 million from new fees.
- Rival Maccabi Tel Aviv would also benefit financially from Hapoel's potential deal.
Hapoel Tel Aviv is reportedly being considered for a permanent franchise in the EuroLeague, potentially joining as a shareholder starting in the 2027 season. According to an Italian report from "Gazzetta dello Sport," the team is among six clubs that could be granted this status, which would guarantee participation regardless of athletic performance. The other clubs mentioned for this potential permanent status are Valencia, Paris, Dubai, Rome, and PAOK Thessaloniki.
Acquiring this permanent stake would come with a significant price tag, estimated between 50 and 90 million euros per club. This influx of capital, projected to be around 400 million euros in total from the new franchises, would then be distributed among the existing 13 EuroLeague shareholders, with each potentially receiving approximately 30 million euros.
In parallel, other teams are expected to continue with temporary licenses. Partizan Belgrade and Crvena Zvezda are reportedly set to receive three-year wild cards, similar to Virtus Bologna. These Serbian clubs would face an increased fee of 1.5 million euros per season for their licenses, double the previous amount, plus additional legal expenses of 250,000 euros.
The EuroLeague plans to expand to 24 teams next season, including two qualifiers from the EuroCup. Further expansion to 28 teams is anticipated by 2030, with the four clubs receiving three-year temporary licenses potentially having an advantage in future permanent considerations.
If Hapoel Tel Aviv secures a permanent shareholder status, its rival Maccabi Tel Aviv would also receive a share of the revenue generated from this deal, alongside existing shareholders.
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