Trending now
Published: 13 february 2013 15:56

Following Ūkio Bankas freeze, BC Žalgiris Kaunas unable to pay its players

Mario Delašas
Eriko Ovčarenko / 15min nuotr. / Mario Delaš

There's no panic at BC Žalgiris, despite troubles that befell a bank that was the club's main sponsor, says Žalgiris sports director Vitoldas Masalskis. Both the club and Ūkio Bankas, the bank that had its operations halted by Lithuania's central bank on Tuesday, are owned by businessman Vladimir Romanov.

"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.

BNS
Naujienų agentūros BNS informaciją atgaminti visuomenės informavimo priemonėse bei interneto tinklalapiuose be raštiško UAB „BNS“ sutikimo draudžiama.

Report mistake

Successfully sent

Thank you