I hold back everything I absorb. But I'll say some today.
So on average, IMG's investment into EL is annually €63m.
They also realise centralisation's role in sports economy and pushed for new EL format realised in 2016.
EB got a 35m USD commitment from Telefonica in 2000. EL revenue was €28m for the 2015-16 season.
It's 2020 now. They held their exact seats in EB management for two decades.
Year 4 into the IMG joint venture and entire EL revenue is about their annual average reported investment.
This begs the question, was IMG's supposed €63m annual average investment bloated for PR?
What does dire financial management by Mr. Bertomeu and Mr. Bassani look like? Let's have a look at Serbia for an example as a core market.
Typically by market standards it should be expected that the whole deal is a grand total of €300-350k then.
That is beyond unprecedented in sports rights industry.
Is it because Serbian TV industry is that messy?
UCL is UCL but Serbia is arguably the eurobball market that basketball popularity is closest to football.
But marketing efforts are also this disastrously scandalous. I'll exemplify the Chinese market there.
I guess the ultimate proof of this is what happened to EB's Weibo account.
To sum up, EL is being utterly lazy about a lucrative market when that market is intrigued despite no effort.
I have disdain for FIBA era and Borislav Stankovic and hence clubs taking control is something I view favourably.
EL management being cruficied out of jingoism, inferiority complex and glory hunting instead of disastrous finances is appalling to me.
But 2015 NBA cap spike exposed players still matter a ton and there will be a certain point eurobball's unique ethos will be erased with a certain player quality lost.