By Stefan Acevski/ info@eurohoops.net
The EuroLeague announced on Monday that from the 2027/28 season, 24 teams will participate in the elite competition, four more than we will have this season.
From then on, we will have 21 franchises – the current 13 shareholders, with an additional eight clubs joining as franchises.
The names of 11 clubs remaining in the race for those eight spots are known, and Hapoel Jerusalem is not among them.
Nevertheless, despite this, Hapoel is not giving up on a spot in the EuroLeague and franchise status, as they confirmed in a press release.
Hapoel’s press release
At the beginning of this week, ahead of the EuroLeague Shareholders Meeting held on August 25, the club submitted an initial framework proposal regarding the potential acquisition of a long-term EuroLeague franchise license.
The club is preparing to submit a binding proposal in the coming days. EuroLeague management has indicated to the club that, subject to the submission of this proposal and a positive response from the Board, the club will advance to the second phase of the process, alongside the other clubs that submitted binding proposals this week.
In parallel, the club is conducting a comprehensive due diligence process, which is expected to continue over the coming weeks, with the aim of developing and submitting a final proposal ahead of next month’s EuroLeague Board meeting. The final proposal will be built around significant financial strength and a clear strategic vision for the future of the competition.
The process is being conducted in full cooperation and coordination with EuroLeague management. The club’s representatives, led by owner Matan Adelson, remain in continuous and direct dialogue with EuroLeague management and EuroLeague CEO Chus Bueno.
Contrary to recent reports, Hapoel Jerusalem remains firmly in contention for a long-term EuroLeague franchise license.
Club owner Matan Adelson:“Hapoel Jerusalem’s ambition is clear: to compete at the highest level of European basketball. We are approaching this process with the seriousness and commitment that such an opportunity demands.
In the coming weeks, we intend to present the EuroLeague with a very strong proposal, both economically and strategically. We deeply believe in what Hapoel Jerusalem can bring to the EuroLeague, and we are confident that the proposal we ultimately submit will make a compelling case for approval by the EuroLeague Board.”
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