Euroleague Basketball freezes its contractual relationship with VTB Bank

Earlier on Monday, the ECA Shareholders Executive Board decided to suspend all EuroLeague and EuroCup games in which Russian Federation teams are due to participate.

Euroleague Basketball announced today that it has frozen its marketing partnership with VTB Bank until further notice amid the war initiated by the Russian Federation in Ukraine.

This decision will cease, at least temporarily, the presence of the VTB Bank brand in the organization’s competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, and its association with EuroLeague and EuroCup clubs, players and coaches.

Earlier on Monday, the ECA Shareholders Executive Board decided to suspend all EuroLeague and EuroCup games in which Russian Federation teams are due to participate.