Jordi Bertomeu will be removed as chief executive of basketball’s EuroLeague next year after its clubs' shareholders voted for his dismissal.

The competition's 11 shareholder franchises voted six to five in favour of replacing Bertomeu, who will now step down from the role on 30 June 2022.

The announcement comes as no surprise given that the EuroLeague Commercial Assets shareholders had initiated the search for his replacement last month, following a meeting in Barcelona, without Bertomeu, to discuss the performance and future of the league.

It is understood that he is expected to be offered a consultant position in the new management.

CSKA Moscow, Maccabi Playtika Tel Aviv, Zalgiris Kaunas, Olympiacos, Panathinaikos and AX Armani Exchange Milan voted for him to leave, while the Spanish and Turkish clubs were the opposition.

LDLC Asvel Villeurbanne and FC Bayern Munich do not have the power to vote, despite being licensed clubs, however, it is understood that if they did vote the result would be unchanged due to Bayern having expressed its desire for a change in management.