The Prague Post - Silver reveals PSG talks over NBA Europe plan

EUR -
AED 4.263562
AFN 73.13882
ALL 95.943281
AMD 438.360089
ANG 2.077774
AOA 1064.58354
ARS 1633.976208
AUD 1.655414
AWG 2.092597
AZN 1.970852
BAM 1.955323
BBD 2.337909
BDT 141.968018
BGN 1.912821
BHD 0.438048
BIF 3444.681365
BMD 1.160942
BND 1.482362
BOB 8.020766
BRL 6.11247
BSD 1.160757
BTN 106.441066
BWP 15.616651
BYN 3.409992
BYR 22754.457223
BZD 2.33462
CAD 1.586386
CDF 2623.728048
CHF 0.906336
CLF 0.026643
CLP 1052.010671
CNY 8.007595
CNH 8.026333
COP 4400.236041
CRC 547.14056
CUC 1.160942
CUP 30.764955
CVE 110.232403
CZK 24.383145
DJF 206.322476
DKK 7.471246
DOP 69.039584
DZD 151.863011
EGP 58.163584
ERN 17.414125
ETB 180.049059
FJD 2.569106
FKP 0.868517
GBP 0.869023
GEL 3.140348
GGP 0.868517
GHS 12.514515
GIP 0.868517
GMD 85.330342
GNF 10178.989946
GTQ 8.903712
GYD 242.862366
HKD 9.077978
HNL 30.726105
HRK 7.534627
HTG 152.194994
HUF 387.715637
IDR 19642.901292
ILS 3.575781
IMP 0.868517
INR 106.559762
IQD 1520.650325
IRR 1531366.267866
ISK 144.699289
JEP 0.868517
JMD 181.455719
JOD 0.823079
JPY 182.877918
KES 150.040042
KGS 101.516693
KHR 4658.662504
KMF 492.239018
KPW 1044.817292
KRW 1714.26971
KWD 0.357094
KYD 0.967331
KZT 571.478545
LAK 24862.076282
LBP 103950.951209
LKR 360.907265
LRD 211.851003
LSL 19.152536
LTL 3.427959
LVL 0.702242
LYD 7.399194
MAD 10.782465
MDL 20.076409
MGA 4796.602243
MKD 61.637214
MMK 2437.85197
MNT 4142.411984
MOP 9.351696
MRU 46.350294
MUR 54.935456
MVR 17.947781
MWK 2012.839454
MXN 20.547606
MYR 4.585762
MZN 74.189993
NAD 19.153279
NGN 1608.251164
NIO 42.719023
NOK 11.232326
NPR 170.305905
NZD 1.967883
OMR 0.446381
PAB 1.160777
PEN 3.960282
PGK 4.999522
PHP 68.239023
PKR 324.396546
PLN 4.27655
PYG 7601.046905
QAR 4.233367
RON 5.090611
RSD 117.454796
RUB 91.333606
RWF 1696.527542
SAR 4.357477
SBD 9.347508
SCR 17.268657
SDG 698.294647
SEK 10.712769
SGD 1.48582
SHP 0.871007
SLE 28.446775
SLL 24344.36612
SOS 662.238394
SRD 43.787227
STD 24029.149155
STN 24.492757
SVC 10.156996
SYP 128.336788
SZL 19.159334
THB 36.87143
TJS 11.1322
TMT 4.074905
TND 3.40177
TOP 2.795269
TRY 51.124038
TTD 7.852712
TWD 37.05844
TZS 2977.815413
UAH 50.863059
UGX 4271.902331
USD 1.160942
UYU 45.556528
UZS 14129.821635
VES 493.56508
VND 30434.086535
VUV 138.668856
WST 3.163325
XAF 655.771553
XAG 0.013975
XAU 0.000228
XCD 3.137503
XCG 2.092081
XDR 0.814528
XOF 655.763083
XPF 119.331742
YER 277.003699
ZAR 19.316009
ZMK 10449.872014
ZMW 22.345777
ZWL 373.822752
  • RBGPF

    0.1000

    82.5

    +0.12%

  • JRI

    -0.1100

    12.8

    -0.86%

  • CMSC

    -0.1990

    23.29

    -0.85%

  • CMSD

    -0.0900

    23.21

    -0.39%

  • GSK

    -1.5600

    55.27

    -2.82%

  • BCC

    -1.0100

    77.31

    -1.31%

  • RIO

    -2.8800

    93.37

    -3.08%

  • NGG

    -0.6900

    89.74

    -0.77%

  • BCE

    -0.4700

    25.98

    -1.81%

  • BTI

    -2.4200

    58.59

    -4.13%

  • RELX

    1.0000

    35.18

    +2.84%

  • VOD

    -0.4100

    14.62

    -2.8%

  • RYCEF

    -0.8200

    17.25

    -4.75%

  • BP

    0.4600

    39.3

    +1.17%

  • AZN

    -4.0100

    197.52

    -2.03%

Silver reveals PSG talks over NBA Europe plan
Silver reveals PSG talks over NBA Europe plan / Photo: Ethan Miller - GETTY IMAGES NORTH AMERICA/AFP

Silver reveals PSG talks over NBA Europe plan

NBA Commissioner Adam Silver said on Saturday his organisation have spoken to French football giants Paris Saint-Germain about joining a proposed European basketball league.

Text size:

Champions League holders PSG are the latest football powerhouse to express interest in the NBA Europe proposal.

The NBA last year announced their plan to launch a European league in 2027 in partnership with world basketball governing body FIBA.

Silver has been meeting potential investors in the league during a trip to London and Berlin this week.

He confirmed talks with Real Madrid ahead of the NBA's Berlin Game between the Orlando Magic and Memphis Grizzlies on Thursday.

And speaking in London, he said French champions PSG, who have no ties to basketball at present, are also interested in the league.

"They are certainly one of the clubs we have had conversations with. We have enormous respect for their operating capabilities," Silver told a group of reporters at a London hotel.

"They are obviously operating at a premier level of competition. We know that they have the know-how to operate a basketball club at the highest level, should that be of interest to them.

"The direct answer is yes. They are an organisation we have had discussions with."

The proposed 16-team league would feature 10 to 12 permanent teams from across Europe, with the remainder made up of sides taking part on a rotational basis.

No clubs have been announced, but the Silver said the league is likely to be made up of "existing European teams and new teams" while targeting both existing and emerging basketball markets.

France is one of Europe's basketball hot-beds, with several players, including San Antonio Spurs star Victor Wembanyama, having moved to the NBA from the country.

- 'A market we want to be in' -

NBA Chief Operating Officer Mark Tatum believes PSG's global brand and marketing success makes them an ideal potential investor in the league.

"Paris is a market we absolutely want to be in. One of the things that is very intriguing about PSG is their ability to build brand, culture and community," Tatum said.

"As Adam said, we want to identify the right partners, and there is no doubt PSG brings a level of expertise in terms of marketing, promotion, building a global brand, that is very interesting."

However, Paris already has a basketball team that was founded in 2018 and competes in the EuroLeague that stands as a competitor to the NBA's new scheme.

Reports have emerged of the EuroLeague threatening legal action against the NBA should clubs break existing agreements to take part in the fledgling competition.

"I would say Paris is one of the most interesting, fascinating prospects when we are thinking about this league," NBA Europe and Middle East Managing Director George Aivazoglou said.

"They bring very interesting things to the table. From obviously PSG, which is a global brand. To a team like Paris Basketball, which didn't exist a few years ago.

"They galvanised a part of Paris with a well performing team. There is a lot to look at."

PSG are owned by Qatar Sports Investments, a subsidiary of Qatar's sovereign wealth fund.

The NBA currently only allows sovereign wealth funds to own 20 percent of any of the league's 30 teams.

But Silver said the NBA Europe plan could start progress towards easing that restriction.

"We can see with PSG there has been success with sovereign wealth funds that own teams," he said. "It may be that over time there are practises that we learn from in Europe that will then move into the United States.

"It means looking at this opportunity from scratch here in Europe. We are open to different kinds of investors, as principal investors, that aren't currently allowed in the NBA."

C.Sramek--TPP