APPENDIX 2 - Euroleague Basketball

for the purposes of these Licensing Rules) and has all necessary
technical elements duly approved for the game of basketball, as
well as all other requirements demanded in the corresponding
regulations.
9.3. Availability of at least two 4 star hotels within the city area
where the arena is located.
9.4. International airport at a maximum distance of 100km by road
from the arena, with enough daily flights to allow the teams to
have access to the city under the right conditions, without
significant disruption to their schedule.
9.5. The club must be in a sound financial position, will not have
been formally declared bankrupt or insolvent by a competent
body in its home country and will not have entered into
liquidation or dissolution. Notwithstanding the above, before
rejecting the participation of this club in the event that it has
been formally declared insolvent, ECA may request additional
information from the club, including that its financial position be
evaluated by an auditing firm in order to establish if it is possible
for the club to follow an alternative write-off plan or a debt
recovery plan to overcome the insolvency situation within a
reasonable deadline. In this case, ECA may accept a provisional
registration of the club.
9.6. The club must not be banned or temporarily suspended from
participating in the Euroleague by the Companies, regardless of
the reason for the prohibition or suspension.
Article 10.
C Licence
ECA will grant the Euroleague champion a one-year licence for
participating in the Euroleague the following season, provided
that the Euroleague champion does not hold an A or B Licence.
ECA will grant the Eurocup champion a one-year licence for
participating in the Euroleague the following season, provided
that the Euroleague champion from the previous season already
holds an A or B Licence.
In both cases, the allocation of the licence will be conditional
upon the fulfilment of all terms and conditions established in
these Licensing Rules for the Clubs with B Licences. In the case
that the club does not fulfil these requirements, the
Shareholders Executive Board will propose the allocation of a
wild card to the General Assembly.
20