Euroleague Basketball has advanced 11 proposals to the next stage of its franchise expansion process, with the pre-accepted candidates now submitting binding affords price a mixed worth of just about €700 million in franchise charges.
The Board of Shareholders of Euroleague Business Belongings met Tuesday to evaluation the method, which might lead to as much as eight new long-term franchises becoming a member of the competitors for the 2027-28 season.
Greater than 20 formal expressions of curiosity and proposals had been submitted after the primary software spherical opened in July 2026. Eleven candidates handed the preliminary evaluation and moved ahead, whereas 4 further proposals stay on maintain.
EuroLeague mentioned the 11 pre-accepted initiatives symbolize an anticipated funding of greater than €3.2 billion over the following 5 years. Curiosity has come from current EuroLeague and EuroCup golf equipment, established European basketball markets and new initiatives from continental Europe and the Center East.
The second part will contain a extra in depth due diligence course of earlier than last suggestions are offered to the House owners assembly scheduled for the tip of September. That assembly will decide which proposals obtain approval.
The enlargement course of kinds a part of EuroLeague Basketball’s Transformational Strategic Roadmap, which was authorised on March 3. The group mentioned JB Capital initiatives the league and its golf equipment to succeed in an aggregated worth of €4.3 billion by 2027.
Administration additionally offered revised industrial projections displaying 15% year-over-year income development for the present enterprise cycle. EuroLeague mentioned the rise displays latest industrial agreements and improved projections in contrast with these offered to the Normal Meeting on July 7.
The league’s three-year Strategic Enterprise Plan targets a collective enterprise valuation of €2.5 billion, supported by industrial development, expanded world attain and the event of a long-term franchise construction.
EuroLeague additionally highlighted Euroleague Basketball+, its deliberate digital platform, and ArenaCO, a brand new car meant to offer golf equipment and different stakeholders with financing and experience for venue building, modernization and programming.
The franchise course of comes after a 2025-26 season by which the competition expanded to 20 teams. Olympiacos completed first within the common season at 26-12 and went on to defeat Real Madrid 92-85 in the championship game in Athens.
EuroLeague’s proposed 2027-28 enlargement would symbolize one other vital change to the competitors’s construction, doubtlessly including as much as eight long-term franchise holders because the league evaluates initiatives throughout Europe and the Center East. The ultimate choices are anticipated after the due diligence course of is accomplished and the proposals are offered to membership homeowners on the finish of September.
The Board additionally obtained an replace on discussions between EuroLeague Basketball, the NBA and FIBA relating to potential areas of future collaboration in European basketball.
