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)
“A generation which has passed through the shop has absorbed standards and ambitions which are not of those of spaciousness, and cannot get away from them. Everything with them is done as though for sale, and they naturally have in view the greatest possible benefit, profit and that end of the stuff that will make the best show.”
—Alexander Herzen (1812–1870)