The government of Lithuania pays the 20-year-old debt 12
The government of Lithuania made good on their promises and paid out the 20-year-old debt to Zalgiris.
Having made their way to the Final Four and then triumphed to claim the EuroLeague crown in 1999, Zalgiris was promised nearly a 1.5 million Euro reward. However, due to difficulties arising in the country’s economic situation, the 574 thousand Euro debt was not paid out until 20 years later.
The funds will be used purposefully, for Zalgiris players’ and coaches’ salaries and the development of the youth team.
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