Wednesday Jul 30, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Basketball league lockout ends

Greece's elite basketball league will begin this weekend after a one-week lock-out was ended by the clubs, league organizers (ESAKE) said on Tuesday.

The A1 League was postponed on October 3 after the clubs failed to reach agreement on a television rights deal, but have now decided to settle for the initial offer from state broadcaster ERT.

"The board of ESAKE, having as its objective the smooth functioning of the institution of the championship, decided to

open the A1 League 2012-13 stating on Saturday 13/10/2012, said ESAKE in a statement.

"This decision does not affect our aim to continue to strive for the rightful rewards for professional basketball with regard

to television rights."

The postponement further highlighted the continuous effects of the economic crisis on sport in the country, with 12 of the

14 teams in the league initially rejecting the offer of 1.3 million euros from ERT, which represented a 40

percent reduction from last season's deal.

According to reports, clubs were asking for around 2 million euros but have decided to settle on the initial offer, although

negotiations are ongoing regarding allocating extra advertising space.

Olympiakos Piraeus and Panathinaikos have separate television deals worth a reported 1.2 million euros per season each.

Matches will tip-off with champion Olympiakos beginning the defense of its crown against PAOK Thessaloniki. Panathinaikos travels north to face Aris Thessaloniki in the pick of the first round of games.

ekathimerini.com , Tuesday October 9, 2012 (23:20)  
Volleyball national team second in European League
Ranieri says he has little to change in Greek national team
Olympiakos downs AC Milan 3-0 in friendly
Athens, the Marathon capital of the world for good
Troika review in Athens unaffected by Paris meeting
A meeting between troika and Greek government officials in Paris at the beginning of September does not mean that representatives of Greeces lenders will not then travel to Athens to carry ...
Soldiers set to sue over wages
Members of the armed forces and emergency services look set to take legal action to have their wages restored to pre-2012 levels after the government suggested it would not raise their pay t...
Inside News
Deals reached for twin plot on Afandou, for 42 million
State sell-off fund TAIPED announced pn Tuesday that it has reached a deal for the utilization of two adjoined plots at Afandou on Rhodes, amounting to 42.1 million euros. The funds governi...
More delays and red tape for companies tax rebates
The General Secretariat for Public Revenues has added one more bureaucratic obstacle to the efforts of cash-starved enterprises to secure liquidity, as a new regulation stipulates that they ...
Inside Business
COMMENTARY
Through insecurity comes optimism
Prime Minister Antonis Samaras recently expressed his optimism regarding the quota of 180 Parliamentary deputies required for the election of Greeces next president, in order for the countr...
EDITORIAL
Futile policy
The policy that Israel has been pursuing vis-a-vis the Palestinians is wrong and futile. Current tactics have failed to resolve the security issue and, at the same time, they are rapidly dra...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Deals reached for twin plot on Afandou, for 42 million
2. More delays and red tape for companies tax rebates
3. Greek shipowners continue to invest in fleet renewal
4. Trainose sale is not on track
5. Industry asks for govt intervention
6. Troika review in Athens unaffected by Paris meeting
more news
Today
This Week
1. Greece names fifth privatization agency chief in four years
2. Archaeological council bans international climbers' gathering at Meteora
3. Worlds largest solar boat on Greek mission
4. Venizelos to meet Nimetz in Athens
5. Tsipras discusses Cyprus with Anastasiades in Athens
6. More than 120,000 households to receive special benefit
Today
This Week
1. Unequal after death
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
4. Quadriplegic woman on life support 'dies due to unpaid power bills'
5. Front-line threats
6. Greek coast guard picks up 77 migrants off Myconos
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.