ASVEL confirms Sylvain Francisco exit for Panathinaikos

A stalled fund deal cut the budget plan by about €35M

Wire Report IntelligenceUpdated Jul 301 min read

What happened: The French national team point guard leaves one month after arriving in Villeurbanne. Tony Parker confirmed the move Thursday as the club began reassessing its roster commitments.

Why it matters: ASVEL built its summer plans around a €59 million projection before lowering it to about €24 million. The reduction reshapes the club's roster and coaching plans for the coming EuroLeague season.

By the numbers: The projected budget fell €35 million, or roughly 59%, from €59 million to about €24 million. Francisco's three-year deal was valued at nearly €16 million.

What to watch: ASVEL's next roster decisions will show how much of its planned summer overhaul survives the cut.

Sources

lequipe.fr 2026-07-30T15:52:38.177169+00:00

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ASVEL confirms Sylvain Francisco exit for Panathinaikos

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