Arena Standards
Effective as of the 2012–13 season, Euroleague clubs with an "A License" must host their home matches in arenas that have a seating capacity of at least 10,000 people. In 2008, Euroleague Basketball (Company) decided to increase the arena seating requirement to 10,000 within four years time in order to force clubs to move into and/or build bigger arenas. This was done in hopes of increasing revenues through more ticket sales. Non "A License" Euroleague clubs must play in arenas that seat at least 5,000 people.
Read more about this topic: Euroleague Basketball
Famous quotes containing the words arena and/or standards:
“This is a Senate of equals, of men of individual honor and personal character, and of absolute independence. We know no masters, we acknowledge no dictators. This is a hall for mutual consultation and discussion; not an arena for the exhibition of champions.”
—Daniel Webster (1782–1852)
“That’s the great danger of sectarian opinions, they always accept the formulas of past events as useful for the measurement of future events and they never are, if you have high standards of accuracy.”
—John Dos Passos (1896–1970)