EuroLeague CEO Chus Bueno commented on Gerry Cardinale’s recent remarks regarding the competition’s alleged lack of sustainability during the press conference ahead of the final between Olympiacos and Real Madrid.
“I do not know Gerry personally, but I think the comment was a bit disrespectful and a bit arrogant. Disrespectful because he is saying the business is not sustainable, and that he, as a money play, is going to fix it, without thinking about Olimpia Milano and its almost 90-plus years of history, the legacy of Antonello Riva, [Dan] Peterson, Mike D’Antoni, [Dino] Meneghin, you name it. The Armani family has built a community, a culture, a tradition, an identity, and I think we have to respect that. I am sure the basketball fans in Milan will respect that.
When I say arrogant, Serie A is losing more than 300 million euros a year, maybe four billion in 10 years. He knows how difficult it is to have your own arena; he has been at San Siro for 100 years and is one of the few clubs that does not own it. And yet he says he is going to fix everything. For me, it was an unfortunate comment. He is one individual. I do not think the NBA thinks this way. We are talking about how we can create the best partnership or merger, whatever you want to call it, and they understand and respect the basketball community. I think it was just an unfortunate comment.”
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