{"id":506130,"date":"2026-07-16T20:32:36","date_gmt":"2026-07-16T18:32:36","guid":{"rendered":"https:\/\/sportando.basketball\/?p=506130"},"modified":"2026-07-16T20:32:36","modified_gmt":"2026-07-16T18:32:36","slug":"asvel-reportedly-forced-to-scale-back-budget-after-funding-setback","status":"publish","type":"post","link":"https:\/\/sportando.basketball\/en\/asvel-reportedly-forced-to-scale-back-budget-after-funding-setback\/","title":{"rendered":"ASVEL Reportedly Forced to Scale Back Budget After Funding Setback"},"content":{"rendered":"<p>According <a href=\"https:\/\/www.lequipe.fr\/Basket\/Actualites\/L-asvel-de-tony-parker-avec-un-budget-finalement-bien-plus-faible-que-prevu-pour-la-saison-2026-2027\/1704803\">to <em>L&#8217;\u00c9quipe<\/em><\/a>, ASVEL may have to significantly reduce the budget for the 2026-27 season.<\/p>\n<p>The club, now coached by Tony Parker, had initially planned a \u20ac59 million budget\u2014which would have been the largest in French basketball history\u2014but the financial guarantees provided by a prospective Asian investor were rejected by the DNCCG (National Directorate of Management Control).<\/p>\n<p>As a result, ASVEL submitted a <strong>Plan B worth approximately \u20ac24 million.<\/strong><\/p>\n<p>The rejected investment was expected to cover more than half of the club&#8217;s projected budget for the upcoming season.<\/p>\n<p>The revised financial plan is expected to allow ASVEL to secure its place in the French league\u2014unlike AS Monaco, whose application was initially rejected\u2014but it raises major questions about managing a roster already built around several high-profile contracts, including Sylvain Francisco, Nick Weiler-Babb, Armoni Brooks, and Daniel Theis.<\/p>\n<p>According to the report, Parker has already begun searching for new investors in an effort to get as close as possible to the club&#8217;s original financial project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If confirmed, the revised financial plan would raise major questions about managing a roster already built around several high-profile contracts<\/p>\n","protected":false},"author":148,"featured_media":320218,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_spbk_hide_featured":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[237,199],"tags":[],"rumors":[],"typology":[],"posizionamento":[],"class_list":["post-506130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betclic-elite","category-euroleague"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/sportando.basketball\/wp-content\/uploads\/sites\/5\/2023\/03\/COS_0399.jpg","digistream_id":0,"digistream":false,"_links":{"self":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/506130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/users\/148"}],"replies":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/comments?post=506130"}],"version-history":[{"count":0,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/506130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/media\/320218"}],"wp:attachment":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/media?parent=506130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/categories?post=506130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/tags?post=506130"},{"taxonomy":"rumors","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/rumors?post=506130"},{"taxonomy":"typology","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/typology?post=506130"},{"taxonomy":"posizionamento","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posizionamento?post=506130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}