Partizan's president about club's financials: 'We try very hard' / News - Basketnews.com

Partizan's president Ostoja Mijailovic denied that the club's situation is easy due to an increased budget this season and once again noted the debts from the past.

Credit: Pedja Milosavljevic/SIPA - Scanpix Credit Pedja Milosavljevic/SIPA - Scanpix

Partizan Mozzart Bet Belgrade come back to the EuroLeague this season after years of missing out on the highest level of basketball in Europe. Together with the return, the club has signed multiple notable players to the roster on top of the famous names they already had.

2-pointers this season

53%20,4Points made:20,4Accuracy:53,3%Place in standings:6Record max:26Record min:13Most made 2FGs:Mathias LessortTeamEuroLeagueStatisticsSchedule

With Kevin Punter and Zach LeDay on the roster, James Nunnally, Ioannis Papapetrou, and Dante Exum joined in, forming one of the best offensive squads in the entire tournament.

The addition of multiple high-level players would naturally mean an increased budget. However, the club's president Ostoja Mijailovic says the organization doesn't have it easy due to past commitments.

"We received 5 million euros from the state last year. We paid out a total of 11.5 million euros. Since the beginning of this season, we have received 900,000 euros from the state, and we have paid out 4.5 million euros," Mijailovic said during the Jutro TV morning program. "We paid off old debts, salaries and new obligations, trips. We are very grateful for all the help we have from the state and from private sponsors and from our fans."

"If someone thinks that there is so much money in Partizan that it's so easy to pay the debts and finance the increased expenses... We try very hard and it is not easy at all, but we find a way," the president expressed. "I'm just asking the fans to help us in this fight, and not to hold us back so that we don't end up in a situation where sponsors start leaving us because of the various events that happen at our matches."

This evening, Partizan will battle against Crvena Zvezda mts Belgrade in one of the fiercest derbies in sports. The ABA League matchup is scheduled to start at 20:00 CET. After 10 days, the two clubs will meet in the EuroLeague again with Partizan being the hosts on December 8th.

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