"Ūkio Bankas was the main sponsor of Žalgiris. Following the loss of the main sponsor, the situation remains unclear. Players' wages were late and money was transferred to our account yesterday. It was the money that got stuck," Masalskis told journalists ahead of Žalgiris morning training session.
"But there's no panic, although people want to spark it. The situation around wages being late is not very good but the thing I like most is that players are showing solidarity and there's no panic in the team. Everyone is thinking about the match against Bamberg and I don't see any internal tragedy in the club," he said.
According to Masalskis, attempts will be made "to invite county businessmen to become the club's shareholders." "Romanov is likely to remain the club's sponsor," the sports director said.
On Thursday, Žalgiris is scheduled to play against Brose Baskets Bamberg.
Ūkio Bankas went into temporary state administration on Tuesday after the Bank of Lithuania decided to restrict its activities.