Feb 20 • 10:33 UTC 🇬🇷 Greece Naftemporiki

Euroleague: Panathinaikos and Olympiakos have the most expensive teams

Panathinaikos and Olympiakos are reported to have the highest team expenses in the Euroleague, aiming for European success in this year's Final Four.

According to recent research published by Basketnews, both Panathinaikos and Olympiakos have made significant financial investments this year to compete for the top spot in Europe during the Final Four in Athens. This places them as the teams with the highest annual expenses in the Euroleague, illustrating their commitment to achieving success on an international stage. Specifically, Panathinaikos allocates an impressive annual budget of approximately €27 million, while Olympiakos has a budget around €22.5 million.

The reports indicate that these two Greek clubs lead the financial rankings in the Euroleague, with Hapoel Tel Aviv, Real Madrid, and Anadolu Efes rounding out the top five. The substantial spending by Panathinaikos and Olympiakos not only reflects their aspirations in the Euroleague but also underscores the competitive nature of basketball in Europe. As teams vie for dominance in this prestigious league, financial investment becomes a critical factor in their strategies and performance.

The implications of these findings could be significant for the future of basketball in Greece, as such financial commitments may inspire greater support and viewership for the teams, elevating the sporting profile of Greek basketball. Moreover, as the landscape of European basketball continues to evolve, the focus on financial investment will likely play a crucial role in determining the success of the clubs in regional and international competitions.

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