CSKA basketball club president Andrey Vatutin confirmed. information aboutreported that the club is suing the Euroleague in the Luxembourg court to challenge the suspension of participation in the European Cup next season.
“We believe that the decision was made without the necessary legal basis for it. We have no illusions about the hypothetical participation in the next season of the Euroleague, because the decision of the court will have to wait for a long time.
Whatever the case, it is important for us to make a legal assessment. Also, Euroleague is a commercial tournament, not participating would deprive us of a significant portion of our income. In fact, we were deprived of the opportunity to generate revenue from a business that we were directly involved in creating and managing.” “Sport-Express”.
In mid-June, seven out of 11 shareholders voted not to have Russian clubs participate in the Euroleague and Eurocup next season.
At the end of February, the Euroleague Council decided to suspend the participation of Russian clubs in European tournaments. It was connected with events in Ukraine. Then Russian clubs were excluded from the tournaments and their results were cancelled.
The Russian club is eight-time Euroleague champion, six-time tournament finalist and six-time bronze medalist. The Red-Blues participated in the Final Four, the most prestigious basketball tournament among club teams in Europe, 26 times in total.
Earlier, the Board of the International Basketball Federation (FIBA) decided to exclude the Russia and Belarus men’s teams from the 2023 World Cup qualifiers.