Fenerbahce president Ali Koc: Our budget decreased from $30MM to $18-20MM

So far the turkish team signed Lorenzo Brown, Edgaras Ulanovas, Dyshawn Pierre, Danilo Barthel, Johnny Hamilton and coach Igor Kokoskov.

Fenerbahce president Ali Koc said that the turkish powerhouse will have a budget of 18-20 million for the next season.

(via Eurohoops)

“Our budget dropped from $30 to $18-20 million. We had to do that. However, we need to take a good look at how we got here, why we had to get down,” he pointed out, “The deficit of our basketball branch today is half the deficit of the football branch. We broke up with our coach. It helped us in our rebuilding process. I am thanking him for that. We also received his opinions”

So far the turkish team signed Lorenzo Brown, Edgaras Ulanovas, Dyshawn Pierre, Danilo Barthel, Johnny Hamilton and coach Igor Kokoskov.

Fonte: Eurohoops.

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