Lithuanian Prime Minister Saulius Skvernelis said on Monday that the government will look at the possibility of paying back 2 million litas (EUR 579,000) in old debt to Žalgiris Kaunas after the basketball team finished third in this year's Euroleague.
Antanas Kavaliauskas ir Saulius Skvernelis
© DELFI montažas

According to the prime minister, the government has owed Zalgiris that amount of money since the club won its first, and so far only, Euroleague title back in 1999.

"As far as I know, the government has an outstanding commitment dating back to 1999. Žalgiris was rewarded with a bonus of almost 2 million euros for their Euroleague victory, but the money wasn't paid as the economic crisis struck," Skvernelis told reporters.

"We'll look at whether and why this commitment wasn't fulfilled, and if it's still outstanding, we'll look for ways to pay back that debt," he added.

BNS
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Žalgiris coach Jasikevičius becomes honorary citizen of Kaunas

Šarūnas Jasikevičius , chief coach of the Žalgiris Kaunas basketball club, was on Wednesday...

New take on FIFA World Cup fever in Vilnius

Much like the rest of Europe, World Cup fever has hit Vilnius. However, focus shifted away from the...

Žalgiris coach Jasikevičius named honorary citizen of Kaunas

The City Council of Kaunas on Tuesday named BC Žalgiris Kaunas head coach Šarūnas Jasikevičius...

Government to consider repaying BC Žalgiris EUR 580,000 in old debt - PM

Lithuanian Prime Minister Saulius Skvernelis said on Monday that the government will look at the...

2 Lithuanian national track cycling team coaches suspected of doping distribution

Police in Klaipėda have brought formal suspicions against two coaches of the Lithuanian track...