# Hapoel Tel Aviv EuroLeague participation

> Developing situation record from CLSTR: https://clstr.news/situations/hapoel-tel-aviv-euroleague-participation
> Updated: 2026-11-07T21:47:00.000Z. Sources: 3. Developments: 2.

Hapoel Tel Aviv owner Ofer Ganay recently disclosed that the club operates with an approximate budget of 70 million euros for the current season. Ganay noted that this figure includes taxes and suggested the budget would be lower if the team were based in Athens.

Following a victory against Panathinaikos, the club is reportedly nearing the acquisition of a permanent EuroLeague franchise license. The EuroLeague board of directors is expected to review the application in November to determine if the Israeli club can transition into a long-term fixture within the competition. While the granting of a license is considered likely, the specific duration of any agreement remains undecided.

## Timeline

### 2026-11-07: Hapoel Tel Aviv nears EuroLeague franchise license

Hapoel Tel Aviv is reportedly nearing a permanent EuroLeague franchise license, with a decision expected from the board in November.

3 sources. https://clstr.news/cluster/hapoel-tel-aviv-nears-euroleague-franchise-license

### 2026-10-18: Ofer Ganay reveals Hapoel Tel Aviv's 70 million euro budget

Hapoel Tel Aviv owner Ofer Ganay revealed a 70 million euro budget and praised Panathinaikos as a potentially historic EuroLeague team following Hapoel's recent victory.

2 sources. https://clstr.news/cluster/ofer-ganay-reveals-hapoel-tel-avivs-70-million-euro-budget

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Cite as: Hapoel Tel Aviv EuroLeague participation. CLSTR, https://clstr.news/situations/hapoel-tel-aviv-euroleague-participation