Two EuroLeague Clubs Will Not Attend NBA Europe Meeting
Barcelona and Bayern Munich reportedly will not attend the expected NBA Europe meeting in London. The 400 million euro entry fee the proposal places on clubs is cited as the main reason behind the European stance.
The NBA Europe project is approaching a critical week. According to Sky Sports, a meeting is expected to take place in London on Monday. According to the British press, PSG, Bayern Munich, AC Milan, Barcelona and Real Madrid were planned to take part in the meeting.
The Catalan newspaper Sport, however, wrote that Barcelona and Bayern will not attend this meeting. Several sources also confirm that the two clubs have taken a firm stance, in line with the decision reached by the EuroLeague owners in Como. Real Madrid, meanwhile, is said to be more inclined to keep the dialogue with the NBA going.
According to figures given by Sport, the total offer to EuroLeague shareholders is 520 million euros. However, clubs were required to pay 400 million euros each to take part in the project. The clubs were only able to secure a small discount on the minimum fee of half a million set by the NBA.
The newspaper writes that the stance is rooted in the NBA project resembling the European Super League plan in football, which was driven by strong backing from the Spanish club and has today been shelved.
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