What happened?
Valencia Basket was crowned champion of the ACB season and is now negotiating with Euroliga to become a permanent franchise. Euroliga CEO Chus Bueno confirmed that they have spoken with Valencia about this topic. The estimated value to become a permanent franchise is between 40 and 50 million euros.
Why is it important for Valencia Basket?
Becoming a permanent franchise would provide Valencia Basket with greater economic and sporting stability. The team has already demonstrated its value in the competition, and now seeks to consolidate its position. Euroliga aims to increase the number of clubs to a minimum of 28 for the 2029/30 season.
What comes next?
Negotiations between Valencia Basket and Euroliga are advanced and a final push is expected in the coming weeks. Valencia Basket's general manager, Enric Carbonell, will negotiate a reduction in the ECA's requirements. The value that Valencia has already given to the competition and the value it is in a position to give to the Roig Arena and the seriousness that represents having Juan Roig as a flag should place the amount to be paid to become a permanent franchise between 40 and 50 million euros.
| Concept | Estimated value |
|---|---|
| Franchise value | 40-50 million euros |
| Number of clubs in Euroliga | 28 (for the 2029/30 season) |