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Ligue 1: suspense on all levels
Asvel Lyon-Villeurbanne will reduce its budget next season, announced its president Tony Parker on Thursday, questioned about the difficulties of the basketball club's partners by the regional daily Le Progrès.
The budget “will inevitably go down,” Parker said in an interview posted online Thursday, admitting that “times were tough.” For the 2023-2024 financial year, the budget amounts to 23 million euros. The difficulties of the former NBA champion's club with the San Antonio Spurs are notably linked to those of its main partner, the Skweek platform specializing in the broadcast of French and European basketball matches. A subsidiary of the Fedcom Media group owned by Russian-Hungarian oligarch Aleksej Fedoricsev, who is also president of AS Monaco basketball, Skweek only paid a third of the 7.5 million euros planned in its sponsorship contract for the 2023-2024 season, according to consistent sources.
“We will see if, at the end of June, the commitments are not kept,” evaded Parker, preferring to “concentrate on this season” rather than mentioning a possible withdrawal of his sponsor. “Regarding Asvel, we want to remain positive, they told us that they would keep their commitments,” “TP” assured AFP two days earlier, refusing to “talk figures.”
Asvel is currently 3rd in the French championship. Villeurbanne is at the same time 17th and penultimate in the Euroleague, a competition of which it has been a permanent member since 2021, without having managed to take off in the rankings so far.
