Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Turkish troops to go further into Syria, says foreign minister

Read more

EYE ON AFRICA

Court ruling expected on Gabon's contested election results

Read more

MEDIAWATCH

Clinton's Comedy Turn

Read more

THE WORLD THIS WEEK

Sarkozy's Populist Pivot, Bahamas Leaks, Syria Truce, Rome Olympic Bid (Part 2)

Read more

THE WORLD THIS WEEK

US Police Shootings: Race relations and the race to the White House (Part 1)

Read more

#TECH 24

Breaking the wall between technology and people

Read more

FRANCE IN FOCUS

Rural France: Challenges and opportunities

Read more

REPORTERS

Video: In Burma, ex-political prisoners struggle to return to normal life

Read more

ENCORE!

Xavier Dolan: Wunderkind of Québecquois cinema

Read more

Sports

NBA’s Tony Parker buys French basketball team

© AFP

Text by FRANCE 24

Latest update : 2014-03-21

San Antonio Spurs point guard Tony Parker has become the majority stakeholder in the French professional basketball club Asvel, and will take over as the president of the organisation in May.

Parker, 32, owned 10 percent of the team’s shares and has been its vice-president in charge of operations since 2009.

He has reached a deal with the team’s current owner, Gilles Moretton, to take control of the club from the city of Lyon at the end of this season, French sport’s daily L’Equipe reported on Friday.

Parker told the French media that he has never hidden his interest in purchasing a professional basketball team in France, but declined to reveal how much he paid for the controlling interest of Asvel.

"The time was right. I want to take advantage of the very positive surge French basketball has experienced ever since [the national team] won the Euro championship,” Parker told reporters.

He also said he hoped to make Asver “one of the best teams in Europe.”

Asvel finished the last professional basketball season in third place, but have slipped to eight place this year.

Parker, who was born in Belgium to an American father and Dutch mother, acquired French nationality as a teenager.

While acting as the French club’s next president, Parker said he hoped to continue playing for the Spurs for the next five to six years, and to complete his last professional season wearing Asvel’s olive-green jersey.

He previously played for Asvel for one month during the in 2011 NBA lockout.

(FRANCE 24 with AFP)

Date created : 2014-03-21

  • BASKETBALL

    Collins makes debut as first openly gay NBA player

    Read more

  • BASKETBALL

    Parker basks in French basketball glory, finally

    Read more

  • BASKETBALL

    Parker guides France to European basketball gold

    Read more

COMMENT(S)