ASVEL welcomes SKR Ventures as new shareholder with NBA Europe in sight

03/06/202614:33

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The investment fund has officially joined the French club’s ownership structure, aiming to support sporting, commercial and infrastructure growth

ASVEL Villeurbanne has welcomed a new shareholder. According to BeBasket, investment fund SKR Ventures has officially entered the French club’s capital.

The move comes at a key stage for ASVEL, between its renewed 10-year EuroLeague license and the clear ambition to position itself for the future NBA Europe, whose launch remains planned for 2027.

SKR Ventures stated its intention to support the club’s development across sporting, commercial and infrastructure areas. ASVEL’s 2026-27 budget is reportedly expected to be around €40 million.