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Post by eillo23 on Nov 21, 2023 13:10:29 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris.
You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence..
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Post by erj14 on Nov 21, 2023 14:51:44 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris. You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence.. I'm well aware of that. But who's going to pay for their EuroLeague roster? It's pretty common knowledge 777 aren't very reliable in producing funds and all those fans paying a quid to get in to Copperbox aren't going to pay for it. |
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Post by LTfan on Nov 21, 2023 15:17:13 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris. You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence.. I'm well aware of that. But who's going to pay for their EuroLeague roster? It's pretty common knowledge 777 aren't very reliable in producing funds and all those fans paying a quid to get in to Copperbox aren't going to pay for it. Have you seen the cost of tickets for the Copper Box recently? Admittedly they always do a handful of £5 tickets at the very back of the top tier (just to allow them to advertise 'tickets from £5') but the days of £10 tickets on Groupon are long gone. I'm paying £30+ a ticket now. By the way, I'm not suggesting a Euroleague budget is sustainable long term either, not without a big name sponsor at least. |
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Post by LTfan on Nov 21, 2023 15:22:10 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris. You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence.. What are you saying... are you suggesting Euroleague might be invested (financially) in London Lions and Paris Basketball for their own long term strategy? |
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Post by erj14 on Nov 21, 2023 16:03:46 GMT
I'm well aware of that. But who's going to pay for their EuroLeague roster? It's pretty common knowledge 777 aren't very reliable in producing funds and all those fans paying a quid to get in to Copperbox aren't going to pay for it. Have you seen the cost of tickets for the Copper Box recently? Admittedly they always do a handful of £5 tickets at the very back of the top tier (just to allow them to advertise 'tickets from £5') but the days of £10 tickets on Groupon are long gone. I'm paying £30+ a ticket now. By the way, I'm not suggesting a Euroleague budget is sustainable long term either, not without a big name sponsor at least. If they're filling the arena with people paying £30 then they might be on to something....... |
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Post by eillo23 on Nov 21, 2023 16:18:51 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris. You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence.. I'm well aware of that. But who's going to pay for their EuroLeague roster? It's pretty common knowledge 777 aren't very reliable in producing funds and all those fans paying a quid to get in to Copperbox aren't going to pay for it. Hearsay. I think the key is that 777 HAVE provided funds, and I’m sure will continue to do so. I like their approach to Lions. They could have blown millions the first season on players just wanting a quick buck. I guess you could at they did that with Liggins a little bit but their recruitment has been great and the product they are building is second to none against any top team in Europe. As LT said above, the days of cheap tickets are gone. |
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Post by eillo23 on Nov 21, 2023 16:20:23 GMT
It’s pretty common knowledge that the aim is Euroleague. Euroleague have been pushing for teams based in London and Paris. You could argue that Lions and Paris are the two fastest growing teams in Europe at the moment… coincidence.. What are you saying... are you suggesting Euroleague might be invested (financially) in London Lions and Paris Basketball for their own long term strategy? Not exactly. But teams in London and Paris would be great for the league. Also talk of big investment from Dubai into the Euroleague. I think people forget about big a commercial city London is. The potential is huge. |
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Post by dexter on Nov 21, 2023 16:25:36 GMT
There is value if Euroleague can become more popular than NBA in the UK. I have no idea how that works out financially. Every Euroleague team makes a loss. Including the UK is probably in Euroleague's strategy. Euroleague are also looking to have a team in Dubai.
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Post by erj14 on Nov 22, 2023 16:34:21 GMT
I'm well aware of that. But who's going to pay for their EuroLeague roster? It's pretty common knowledge 777 aren't very reliable in producing funds and all those fans paying a quid to get in to Copperbox aren't going to pay for it. Hearsay. I think the key is that 777 HAVE provided funds, and I’m sure will continue to do so. I like their approach to Lions. They could have blown millions the first season on players just wanting a quick buck. I guess you could at they did that with Liggins a little bit but their recruitment has been great and the product they are building is second to none against any top team in Europe. As LT said above, the days of cheap tickets are gone. Hmmmmm, a few holes in that. 777 didn't spend millions in their first season because they couldn't, due to league rules on maximum spend. They then bought the league and removed this rule, then they started to spend millions on their roster. I've also just seen an advert for £5 tickets vs Eagles tomorrow night. |
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Post by LTfan on Nov 22, 2023 18:16:53 GMT
Again with the tickets - there are always some £5 tickets, yes, for seats that in any other BBL teams venue would be in the car park.
It’s a classic advertising technique… advertise ‘tickets from £5’ to the people but once you’ve hooked them and they’ve realised where those seats are they’ll probably buy more expensive ones.
If you want seats in the lower tier of the arena and not behind the baskets, those tickets are around £30.
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Post by eillo23 on Nov 22, 2023 18:43:47 GMT
Hearsay. I think the key is that 777 HAVE provided funds, and I’m sure will continue to do so. I like their approach to Lions. They could have blown millions the first season on players just wanting a quick buck. I guess you could at they did that with Liggins a little bit but their recruitment has been great and the product they are building is second to none against any top team in Europe. As LT said above, the days of cheap tickets are gone. Hmmmmm, a few holes in that. 777 didn't spend millions in their first season because they couldn't, due to league rules on maximum spend. They then bought the league and removed this rule, then they started to spend millions on their roster. I've also just seen an advert for £5 tickets vs Eagles tomorrow night. My point being that the budget has increased season upon season. They will be in the Euroleague and I have no doubt about that. Paris apparently have verbal agreement to already enter next season. Not sure if London will follow this, maybe depends how well they do in Eurocup. You’ll get these discounted last minute tickets almost anywhere. Some revenue is better than none. It’s also a Thursday night, after a high level Eurocup game the night before. What do you expect. |
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Post by dexter on Nov 22, 2023 18:51:51 GMT
Hmmmmm, a few holes in that. 777 didn't spend millions in their first season because they couldn't, due to league rules on maximum spend. They then bought the league and removed this rule, then they started to spend millions on their roster. I've also just seen an advert for £5 tickets vs Eagles tomorrow night. My point being that the budget has increased season upon season. They will be in the Euroleague and I have no doubt about that. Paris apparently have verbal agreement to already enter next season. Not sure if London will follow this, maybe depends how well they do in Eurocup. You’ll get these discounted last minute tickets almost anywhere. Some revenue is better than none. It’s also a Thursday night, after a high level Eurocup game the night before. What do you expect. Well if they do get into Euroleague they will be breaking Euroleague funding rules. Maybe Euroleague will allow that. Who knows. |
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Post by LTfan on Nov 22, 2023 19:59:41 GMT
My point being that the budget has increased season upon season. They will be in the Euroleague and I have no doubt about that. Paris apparently have verbal agreement to already enter next season. Not sure if London will follow this, maybe depends how well they do in Eurocup. You’ll get these discounted last minute tickets almost anywhere. Some revenue is better than none. It’s also a Thursday night, after a high level Eurocup game the night before. What do you expect. Well if they do get into Euroleague they will be breaking Euroleague funding rules. Maybe Euroleague will allow that. Who knows. I’m intrigued… what Euroleague funding rules would they be breaking that they aren’t in EuroCup (which is essentially a sub-division of the Euroleague)? |
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Post by dexter on Nov 22, 2023 20:40:14 GMT
Well if they do get into Euroleague they will be breaking Euroleague funding rules. Maybe Euroleague will allow that. Who knows. I’m intrigued… what Euroleague funding rules would they be breaking that they aren’t in EuroCup (which is essentially a sub-division of the Euroleague)? Euroleague minimum budget €7m. Player salaries must not exceed 65% of budget (€4.55m). Shareholder contributions must not exceed 50% of budget. So London Lions will need to have other income (i.e revenue) of €3.5m. |
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Post by spacejammer on Nov 22, 2023 20:55:30 GMT
I’m intrigued… what Euroleague funding rules would they be breaking that they aren’t in EuroCup (which is essentially a sub-division of the Euroleague)? Euroleague minimum budget €7m. Player salaries must not exceed 65% of budget (€4.55m). Shareholder contributions must not exceed 50% of budget. So London Lions will need to have other income (i.e revenue) of €3.5m. Or 777 will play 1 season in Euroleague and then the next season buy the Euroleague and then change the rules and remove the barriers. I bet a board games night with them must be fun, I could just imagine playing games like Cluedo with them now. |
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Post by dexter on Nov 22, 2023 21:08:05 GMT
Euroleague minimum budget €7m. Player salaries must not exceed 65% of budget (€4.55m). Shareholder contributions must not exceed 50% of budget. So London Lions will need to have other income (i.e revenue) of €3.5m. Or 777 will play 1 season in Euroleague and then the next season buy the Euroleague and then change the rules and remove the barriers. I bet a board games night with them must be fun, I could just imagine playing games like Cluedo with them now. Yes well these are just the rules. The actual Euroleague team budgets are double that or more. To have a competitive team in Euroleague London Lions would need revenue of more like €7m. |
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Post by LTfan on Nov 22, 2023 21:38:20 GMT
I’m intrigued… what Euroleague funding rules would they be breaking that they aren’t in EuroCup (which is essentially a sub-division of the Euroleague)? Euroleague minimum budget €7m. Player salaries must not exceed 65% of budget (€4.55m). Shareholder contributions must not exceed 50% of budget. So London Lions will need to have other income (i.e revenue) of €3.5m. Got it, I think I knew that but had forgotten it. Does the EuroCup not have any similar rules? It would be weird for Euroleague to have rules for one competition and a free for all in their other. |
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Post by dexter on Nov 22, 2023 21:57:46 GMT
Euroleague minimum budget €7m. Player salaries must not exceed 65% of budget (€4.55m). Shareholder contributions must not exceed 50% of budget. So London Lions will need to have other income (i.e revenue) of €3.5m. Got it, I think I knew that but had forgotten it. Does the EuroCup not have any similar rules? It would be weird for Euroleague to have rules for one competition and a free for all in their other. It's the same rules for EuroCup except the minimum budget is €2.5m not €7m. |
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Post by spacejammer on Dec 3, 2023 0:20:37 GMT
Well looks like Newbie managed to get his first win for the club and looks like one of the new signings was on fire as well, winning MVP in her debut.
I was considering going to this game but ended up going out with some mates and had other plans instead.
Might go to the next home game though.
Well done Eagles! 🏀🦅👏
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