Tuesday, 19th February 2019
  • About us
  • Contact us
  • Subscribe
  • Login
  • News+
    • News+ Home
    • News
      • News Sub Home
      • Search
      • Top Stories
      • Press Releases
    • Calendar
      • Calendar Sub Home
      • Search
      • Conferences
    • Directory
      • Directory Sub Home
      • Organisation
      • News
    • Insight
      • Insight Sub Home
      • Interview
      • Features
      • Opinion
      • Supplements
      • Magazine
      • Media
      • Sponsorship
      • Events
  • Media
    • Media Home
    • Standard
      • Standard Sub Home
      • Rights
      • Landscape
      • Directory
      • Property
      • Competition
      • News
      • Insight
    • Advanced
      • Advanced Sub Home
      • Revenue Dashboard
      • Market Dashboard
      • Rights
      • Landscape
      • Directory
      • Property
      • Competition
      • News
      • Insight
  • Sponsorship
    • Sponsorship Home
    • Deals
    • Brands
    • Property
    • Competition
    • Athlete
    • Venue
    • News
    • Insight
  • Events / GSI
    • Events / GSI Home
    • Events
      • Events Sub Home
      • Event Analysis
      • Events Insight
      • News
      • Bidding Opportunities
      • Bidding Announcements
      • Bids Awarded
    • GSI
      • GSI Sub Home
      • About Project
      • Annual GSI Report
      • GSI Event Studies
      • Indexes
        • Nations Index
        • Cities Index
        • Events Index
      • Experts / Partners
        • Experts
        • Partners
  • Reports
  • News
  • Search
  • Euroleague Basketball creates chief business officers board

Euroleague Basketball creates chief business officers board

Basketball - 05 Dec 2018
Author: Callum Murray

Euroleague Basketball, the organiser of the top European clubs competition, has created a ‘chief business officers board’, which it said will “take the lead in the definition of current and future collective business strategy and of the collaboration framework between the league and the clubs to maximise revenue generation.”

The board will coordinate with EuroLeague Business Operations & Club Services, which was established last year to work with the clubs across all commercial areas to maximise revenues and create long-term business sustainability.

The board will be formed of the chief business officers of the clubs Kirolbet Baskonia Vitoria-Gasteiz, FC Bayern Munich, Maccabi Fox Tel Aviv, Panathinaikos OPAP Athens and Zalgiris Kaunas. The club representatives will be joined by two external consultants: Hasan Arat, a businessman and former Besiktas vice-president and professional basketball player; and Marshall Glickman, strategic chief executive of G2 Strategic, the USA-based sports consultancy.

Euroleague Basketball executives will also participate.

G2’s clients have included Spanish soccer’s LaLiga, top soccer clubs Paris Saint-Germain and CSKA Moscow, the Turkish Basketball Federation, the French Tennis Federation, the ATP and various individual tennis tournaments.

Euroleague Basketball added: “The CBO Board will discuss the current business management structures and strategies of the clubs and identify potential areas of collective and individual growth. These discussions will be powered by the insights delivered by EuroLeague BOCS in all business verticals, including sponsorship, ticketing, premium seating, digital, merchandising and licensing, communications, fan engagement, arena usage, venue development, organizational structure and executive recruitment.”

Earlier this year, a group of Members of the European Parliament was seeking to ascertain whether the European Commission was prepared to intervene in a continuing dispute between FIBA, the international basketball federation, and Euroleague Basketball over major fixture clashes.

Seven MEPs submitted new questions to the Commission asking whether it would take measures to prevent competition law violations and launch an investigation to help to resolve the impasse, which relates to EuroLeague fixtures being scheduled up against national team games in Europe.

The MEPs claimed that the Commission had previously indicated that it shared their views on the importance of national teams and that it urged the warring parties to find a solution, but that none has been forthcoming.

FIBA and Euroleague Basketball have been at odds over various issues, most notably new windows for international games introduced in November and February that clash with EuroLeague fixtures and mean top players cannot take part in both.

Last month, Thomas Bach, the International Olympic Committee president, appeared to weigh in on the side of FIBA when he delivered a warning at the opening of the general assembly of the European Olympic Committees in Marbella, this time alerting delegates that “the European sports model is under pressure, not to say threat.”

Taking as an example the long-running dispute between FIBA and Euroleague Basketball, Bach’s theme was that there is “a tendency of some governments and the European Union that the value of an organisation and activity is not determined by its value and contribution to society, but just by money and markets.”

Also last month, DAZN, the OTT subscription streaming service, secured the EuroLeague to its rights portfolio in Spain, when it launches in the country next year.

DAZN acquired exclusive Turkish Airlines EuroLeague rights in Spain from 2019-20 to 2022-23, and was also awarded broadcast rights to live matches and clips for the next four seasons of the second-tier 7Days EuroCup.

The rights deal was struck with IMG Media, which is responsible for negotiating deals on behalf of Euroleague Basketball.

Sportcal


Related Organisations
Organisation
Euroleague Basketball
Related Competitions
Competition
Turkish Airlines Euroleague Basketball 2018-2019

Want to Read More ?

To view this article you need to subscribe to Sportcal News.

Subscribe

Already a subscriber?

Log in

Top Stories
Sky Italia to appeal €7m fine over Serie A advertising practices
Soccer - 19 Feb 2019
New Zealand's Sky TV extends rights deals in battle to see off Spark challenge
Various - 19 Feb 2019
Major League Rugby learning from, but taking different road, to MLS
Rugby union - 18 Feb 2019
Vergnol succeeds Couchouron as commercial chief of European club rugby
Rugby union - 18 Feb 2019
Eleven's Watson: We've taken giant steps in Portugal and want to stay in UK
Business - 18 Feb 2019
Latest News
  • AFC hires IP experts in world sport's continuing battle with beoutQ
    Soccer 19 Feb 2019 Media
  • Asian Games launches campaign for suggestions from public about new sports
    Games 19 Feb 2019 Events
  • Chinese bank tries to get a handle on losses from MP & Silva investment
    Business 19 Feb 2019 Agency
  • European soccer bodies won't countenance new Fifa competitions before 2024
    Soccer 19 Feb 2019 Federations & NOCs
  • Continental steps up to Tour de France main sponsor as Team Sky search continues
    Cycling 19 Feb 2019 Sponsorship

Related Articles

Sponsorship
Lottery.com gets behind EuroLeague and CSR programme
Basketball - 03 Oct 2018 - Sponsorship
Sponsorship
Siesta gets EuroLeague seat
Basketball - 10 Oct 2018 - Sponsorship
Media rights
Deutsche Telekom keeps hold of EuroLeague broadcast rights
Basketball - 11 Oct 2018 - Media rights
Media rights
DAZN seals four-year EuroLeague deal for Spain launch
Basketball - 27 Nov 2018 - Media rights

Contact Info

  • John Carpenter House, 7 Carmelite Street, London EC4Y 0BS, United Kingdom
  • +44 (0) 20 8944 8786
  • +44 (0) 20 8944 8740
  • clientservices@sportcal.com

© Sportcal 2019 and Database Right 1997-2019 / Sportcal Global Communications Ltd.
All Rights Reserved. Pictures supplied by ©Getty Images.
AdvertiseAbout usContact usTerms & ConditionsPrivacy Policy
Company Registration No. 02592321

Latest Tweets

Twitter Timeline...