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APPENDIX 2 - Euroleague Basketball

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C H A P T E R<br />

X I X<br />

Financial Regulations<br />

Article 122.<br />

Responsibilities of the Clubs<br />

122.1. Each club will be responsible for its own travelling and<br />

accommodation expenses derived from its participation in the<br />

<strong>Euroleague</strong>.<br />

122.2. The home club will receive all the revenues generated on the<br />

occasion of <strong>Euroleague</strong> games in its arena, except those<br />

revenues whose management falls upon EP and/or the Company<br />

according to the resolutions of the General Assembly.<br />

122.3. The home club will pay for:<br />

a) The expenses derived from the organisation of the game.<br />

b) All expenses resulting from the obligations of the clubs<br />

included herein.<br />

c) The services of the statistics crew.<br />

122.4. The officials and <strong>Euroleague</strong> <strong>Basketball</strong> delegates fees and<br />

expenses derived from travelling and accommodation will be<br />

paid by the clubs according to the criteria established by the<br />

General Assembly. In the case of the Qualifying Rounds, a<br />

different system will be applied for these expenses, as<br />

mentioned below.<br />

The officials and <strong>Euroleague</strong> <strong>Basketball</strong> delegates fees and<br />

expenses related to the Qualifying Rounds games will be directly<br />

invoiced to the participating clubs according to the<br />

Administrative Procedure Regulations enclosed in Appendix XII<br />

to these Regulations.<br />

Article 123.<br />

Audiovisual and Marketing Rights<br />

The commercial exploitation of the audiovisual and marketing<br />

rights of the games and tournaments organised by EP and/or the<br />

Company are the responsibility of EP. The conditions under<br />

which this commercialisation will take place must be those<br />

approved by the General Assembly.<br />

180

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