Partizan announced 2023-24 season budget / News - Basketnews.com

In the 2023-24 season, Partizan Mozzart Bet Belgrade have the biggest budget in the club's history - €20,000,000 for the entire basketball organization.

Credit: Partizan Mozzart Bet/Dragana Stjepanovic Credit Partizan Mozzart Bet/Dragana Stjepanovic

Partizan Mozzart Bet Belgrade president Ostoja Mijailovic announced that the Serbian powerhouse has a record budget for the 2023-24 campaign.

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"This year, we have the biggest budget in the Partizan history because we have ambitions to go all the way in both the most important competitions. Our budget is among the Top 8 teams in the EuroLeague. We allocated around €20,000,000 for the entire organization, including €8 million to pay back debts," Mijailovic told TV Prva.

Partizan president also said the club should settle all the remaining debt soon.

"We already paid €5 million in taxes. We still have an outstanding debt of €3 million to pay," Milaijovic explained. "We will take a long-term loan and settle the remaining debt. In the last three months, we paid the state €5 million in taxes."

"We regularly pay VAT, and we also regularly settle all other debts. When we pay another three million, we will no longer have debts - we will be the most stable club in Europe when it comes to finances," Milaijovic concluded.

Currently, Partizan have an 8-6 record in the EuroLeague and stand in 5th place. In the ABA League, the Serbian powerhouse has 8 wins in 11 games.

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