APPENDIX 2 - Euroleague Basketball

shown in Appendix IV. This declaration will be certified by an
auditing firm.
11.9. Express declaration not to breach the following prohibitions:
11.9.1. No Club participating in the Euroleague may, either directly or
indirectly:
a) hold or deal in the securities or shares of any other Club, or
b) be a member of any other Club, or
c) be involved in any capacity whatsoever in the management,
administration and/or sporting activity of any other Club, or
d) have any power whatsoever in the management,
administration and/or sporting activity of any other Club.
11.9.2. No person involved in any capacity whatsoever in the
management, administration and/or sporting activity of a Club is
or may at the same time, either directly or indirectly, be
involved in any capacity whatsoever in the management,
administration and/or sporting activity of more than one Club. In
addition, no person involved in the management of a Club may,
either directly or indirectly, hold or deal in the securities or
shares of any other Club.
11.9.3. No person directly or indirectly by themselves or involved in any
company representing players and/or coaches may either hold
or deal in the securities or shares of any club or have any power
whatsoever in the management, administration and/or sporting
activity of a club.
11.9.4. The participation in a Domestic Championship that does not
qualify for the competitions organised by EP is not allowed,
unless it is authorised by the General Assembly.
11.10. The Clubs that have participated in previous seasons with a B or
C Licence must have fulfilled the criteria and requirements
established in the Common Accounting Regulations included in
the Euroleague Bylaws in their past participation(s). In
particular, none of the circumstances set forth in Article 6.1.6
must occur.
11.11. The Clubs must fulfil any other requirement that the General
Assembly may establish.
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