LDLC ASVEL Villeurbanne ended weeks of speculation on Wednesday by confirming that it will remain committed to the EuroLeague, even as the club continues to position itself for a larger role in European basketball.

In an official communiqué, the French club said it is “strengthen[ing] its shareholder base to accelerate its European ambitions,” while emphasizing “the continuation of its commitment to the EuroLeague.” The statement came under the leadership of president Tony Parker and managing president Gaetan Muller.

ASVEL had been linked to rumors that it could leave the EuroLeague and align with FIBA as part of the broader work being done with the NBA on a new European league. Wednesday’s announcement made its stance clear and removed one of the biggest uncertainties surrounding the club’s future.

The club framed the decision as both a competitive and structural step, saying the new investors and its continued EuroLeague presence are meant to help it “establish itself durably among the major clubs of European basketball.” That language signals that ASVEL sees long-term stability as part of its growth plan, not a short-term reset.

The timing matters, too. ASVEL finished the 2025-26 EuroLeague regular season in 20th place with an 8-30 record, but the club’s statement suggests it is focused on building forward rather than stepping away from the competition.

For a team that ranked last in the standings and posted a minus-281 point differential, the message is less about recent results and more about direction. ASVEL is choosing continuity in the EuroLeague while also reshaping its ownership structure to support future investment.

That makes the announcement notable beyond Lyon and Villeurbanne. As European basketball continues to evolve and major stakeholders explore new competition models, ASVEL’s decision keeps one established club firmly inside the current EuroLeague structure.