The Euroleague Commercial Assets Board members gathered virtually on Monday, March 8, to review and discuss a series of topics, taking the following decisions:
1. Conditions for inclusion of FC Bayern Munich and LDLC Asvel Villeurbanne as long-term licenced clubs were agreed: Euroleague Basketball executives provided board members with an update on the progress with both organisations, as well as on the due diligence performed following previous agreements of the board and the strategy set by it. EB and clubs remain aligned in their vision. Additional exchanges between them will continue with a view toward concluding the agreements in the following weeks.
2. ALBA Berlin was awarded with a two-year Turkish Airlines EuroLeague license: the German club secures its participation for the 2021-22 and 2022-23 seasons following previous instructions of the board and after verification by Euroleague Basketball of all requirements being met by the club.
3. Approved roadmap for the 7DAYS EuroCup competition: clubs agreed on the strategic pillars for second-tier European club competition. Further details to be publicly announced later in the season.
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