The International Basketball Federation (FIBA) have confirmed the
launch of the Basketball Champions League in a 50-50 joint partnership
with the European basketball leagues.
Ten European domestic leagues and the Union of European Basketball
Leagues (ULEB) officially signed up to be part of the Basketball
Champions League that will officially be launched on 21 March in Paris
As a result of this historic event - which opens a new era in the
relationship between national federations and leagues in Europe and is
fully in line with FIBA's vision of integrating all stakeholders - an
independent and separate legal entity based in Switzerland has now
formally been established and will be in charge of both organising and
commercialising the Basketball Champions League to the highest
professional standards.
The 18 representatives of leagues and national federations present
elected the Basketball Champions League's first Board of Directors that will focus fully on the organisation of the
competition, the hiring of necessary staff and benefiting from the
know-how of the Basketball Champions League’s shareholders as required.
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