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)
“There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the system’s ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
—H.L.A. (Herbert Lionel Adolphus)