About

The Financial Stability & Fair Play Regulations (FSFPR) were formally approved by the ECA Shareholders Assembly in July 2012 and took effect in the Turkish Airlines EuroLeague (EL) competition starting with the 2015-16 season. These regulations represented a significant step forward in enhancing budgetary control over both the clubs and the league.

Prior to the FSFPR, the Common Accounting Regulations, in place from the 2005-06 to the 2014-15 seasons, provided an essential foundation by establishing standardized accounting practices for all EuroLeague clubs. This standardization was crucial for effectively assessing the financial stability of participating teams.

The FSFPR, implemented in the 2015-16 season, were designed to protect the collective interests of all clubs by minimizing the financial risks associated with individual clubs. These objectives were achieved through key measures, including: limiting financial contributions from club shareholders, limiting gross player remunerations as a proportion of total budgeted expenses, and encouraging improved business performance across all participating clubs.

Starting with the 2025-26 season, Euroleague Basketball will implement the Competitive Balance Standards (CBS) as part of its commitment to enhancing Financial Fair Play. These new regulations will operate alongside the existing Financial Stability & Fair Play Regulations, which include mechanisms for managing overdue payables and monitoring the overall financial health of clubs. Together, these frameworks will strengthen financial governance and ensure the continued integrity and sustainability of the league.

The CBS was developed through a collaborative process involving Euroleague Basketball, a committee of clubs, and discussions with the EuroLeague Players Association (ELPA). It represents a natural evolution of the FSFPR, current realities of clubs and the league by establishing equal remuneration levels for all clubs based on the average collective revenues of EuroLeague clubs, rather than individual club revenues. This approach builds on the pan-European nature of the league, balancing the impact of diverse taxation models across the continent by focusing on net revenue figures.

The updated FSFPR introduces three common remuneration levels for all teams—Base, High, and Low—calculated from the clubs’ average defined revenues (LCDR), which include game day, commercial, and other income sources. These levels will set the minimum and maximum expenditure for player remunerations, while allowing for exceptions to attract, develop, and retain top talent. This ensures that a minimum percentage of collective revenues is allocated to EuroLeague athletes, reinforcing the partnership with players whose contributions to revenue growth directly influence their earnings.

Download the EuroLeague Bylaws - EuroLeague Bylaws

Download the new FSFPR - EuroLeague FSFPR