Valencia won't accept an A license from Euroleague

Paco Raga, vice president of Valencia Basket, confirmed in an interview today that the Spanish won't accept an A license from Euroleague if that offer would ever come. Valencia, in fact, wants to play the competition only for their accomplishments on the court and not because of a multi-year license:

"We want to compete in the Euroleague only because of our accomplishments on the court. We don't want an A license, but I want to be clear: Euroleague hasn't offered one to us yet, but if that'll happen, we're gonna deny that license"