Makis Aggelopoulos, president of AEK Athens, addressed the proposal from the NBA to the Euroleague concerning the possibility of establishing an American basketball league in Europe. According to Eurohoops, Aggelopoulos strongly criticized the C1, a proposed new competition, and stated he would not participate in it. He expressed concerns about the NBA’s potential plan to absorb the Euroleague, which could lead to the end of the current European competition. Aggelopoulos described the proposal as "if I buy you, you close down," emphasizing that the Euroleague represents fair competition in Europe. He noted that if the NBA were to take over, it would not happen within a year and would cause a delay. He also discussed the financial structure of the Euroleague, where 87-88% of revenue goes to shareholder teams. Aggelopoulos pointed out that some teams, like Bourg and Gran Canaria, did not enter the EuroCup, and AEK Athens played in the EuroCup for one year before discussing the plan in a meeting in Barcelona. Aggelopoulos highlighted scheduling conflicts as a major issue, noting that the EuroLeague and EuroCup play on weekends, while national championships are held on Tuesdays and Wednesdays to generate 35 million euros in revenue. This scheduling conflict led him to leave the meeting. He also detailed the potential structure of NBA Europe, explaining that in the NBA, teams can qualify through two paths: Europe or the championship. If a team is fifth in Greece, it has a 25% chance of qualifying. Each victory could bring in 500,000 euros for all teams. Aggelopoulos criticized the Euroleague for its lack of commercial success, noting it has not expanded into major markets like London. He stated that basketball accounts for just 0.01% of a 52 billion euro market in Europe and that teams generally do not make money. Meanwhile, NBA Europe is nearing agreements with European football clubs, including discussions with PSG, Bayern Munich, Real Madrid, FC Barcelona, and AC Milan.