Virtus Bologna reportedly forced to cut budget for next season

01/06/202308:53

Massimo Zanetti, Sergio Scariolo Segafredo Virtus Bologna - AS Monaco Turkish Airlines Euroleague 2022-23 Bologna, 07/10/2022 Foto M.Ceretti / Ciamillo-Castoria

Virtus Bologna will play in EuroLeague next season but it will have to cut its budget $6 million, according to Il Corriere di Bologna

Virtus Bologna will play in EuroLeague next season but it will have to cut its budget $6 million, according to Il Corriere di Bologna.

A 20% cut compared to the current season because “it will have to respect the parameters dictated by the financial fair play” of the competition.

The budget will therefore drop to 24-25 million euros, €16 for the team, similarly to the 2021-2022 season according to the newspaper, which specifies how these regulations are more stringent for those in possession of only the wild card at the top continental competition.