ECA Board meets, looks to future

Mar 06, 2012 by Euroleague.net Print
ECA Board meets, looks to future
Euroleague Commercial Assets board and shareholders in Barcelona, 2012Members of the Euroleague Commercial Assets Board met in Barcelona, Spain on Monday to discuss to new projects for future Turkish Airlines Euroleague and Eurocup seasons. Board members were presented with the 2012-13 calendar already approved in October 2011, as well as various proposals for modifications of the Euroleague competition bylaws. The changes proposed include adding the name of the city in the team name where this is not already present, standardizing the scorer’s table layout in all arenas, increasing the number of Game of the Week productions that each club can host each season in accordance with the calendar extension, and creating a new roles for company representation and club collaboration. During this presentation, board members were able to discuss a proposal from FIBA regarding the structure of National Team competitions in the future.

The ECA board members also were briefed on the latest work to increase the Financial Stability and Fairplay amongst clubs participating in Euroleague Basketball competitions. With the assistance of Jan Pommer, Managing Director of the Beko Basketball Bundesliga (BBL) of Germany, Euroleague Basketball has been discussing a project of how to increase the financial well-being of the competition and its participating clubs. Using BBL and UEFA methods as possible examples, the proposal includes financial and accounting models that ensure good financial practices, reinforce rational decision-making processes and optimize the clubs' financial stability. During the presentation, board members discussed the need to harmonize the system and to pursue a long-term approach to guarantee the financial capability of clubs. Clubs discussed a possible timeline to review the proposal and future implementations.

To finalize the meeting board members were informed of the general assembly of the European Club Association for football, which took place February 28th in Warsaw, Poland. In that meeting UEFA and the European Clubs Association announced a new agreement with regards to remuneration clubs will receive for their players joining their national teams, an insurance policy that UEFA will finance for all national team games both official and friendly, and a reduction in the national team calendar.