Real Madrid have reportedly signed the 10-year license with EuroLeague, becoming a franchise like the other shareholder clubs.
According to Aris Barkas of Eurohoops, the official ratification of the new status quo is expected at the next EuroLeague board meeting on Friday.
It is a significant step for the Spanish club’s long-term future in Europe’s top competition, following weeks of discussions over the league’s new structure.





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