Joey and Jesse Bass get exclusive rights to buy Villeurbanne
The brothers can negotiate the purchase of the French basketball club until early November, with no rival bidders, as EuroLeague–NBA talks loom.
Joey and Jesse Bass have been given exclusive rights to negotiate the purchase of Villeurbanne until the beginning of November, Eurohoops reported, citing sources.
Until that date the brothers can try to buy the French club without competition from other bidders.
A possible partnership between the EuroLeague and the NBA may influence the talks, according to the report. European basketball is seen as an undervalued market, which could attract investors looking to buy clubs at a relatively low price.
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