CSKA Moscow’s total budget for 2019-20 season at 26.7M euros

2020-09-16T15:25:27+00:00 2020-09-16T15:27:58+00:00.

Antigoni Zachari

16/Sep/20 15:25

Eurohoops.net

VTB League released the annual budgets of its teams for the 2019-20 season.

By Eurohoops team / info@eurohoops.net

VTB League announced the 2019-20 team budgets at a press conference held Wednesday, with CSKA reigning all nine clubs of the competition with a total budget of 26.7M euros. The budget includes the operating costs of the team (coaching staff, etc.), not only the players’ salaries, suffering a significant decrease in comparison to last year’s numbers.

Khimki Moscow Region remained in second place with 24.1M euros, while Zenit slightly dropped its budget to 16.2M euros compared to last season.

Lokomotiv Kuban raised its budget to 13.8M euros, UNICS Kazan follows in the fifth place with 9.2M euros. Nizhny Novgorod had a slight decrease with 3,4M euros, Parma increased its own to 3.3M euros, while Enisey and Avtodor shared 2.7M and 2.4M euros each, according to the financial data provided the league.