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Lithuania basketball club Zalgiris, Russia's Gazprom possibly in support talks

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(Globalpost/GlobalPost)

Tuesday, talks were held at the Russian gas giant Gazprom's headquarters in Moscow over a possible financial support to Zalgiris basketball club from Kaunas. Lrytas.lt reports that the negotiations have been suspended and Gazprom will decide who give larger aid to: basketball or the Kontinental Hockey League (KHL).

President of the Lithuanian Basketball Federation (LKF) Arvydas Sabonis applied Gazprom and InterRAO, Russia's diversified energy holding company, over financial aid to Zalgiris.

Lrytas.lt said that the talks were intermediated by Sergey Ivanov (60), Russian President Vladimir Putin's right-hand man.

The politician is the chief of Putin's administration and the president of the VTB United League of basketball. New director of Zalgiris Paulius Motiejunas denied to Lietuvos Ryto television about ongoing talks with Gazprom. He only confirmed that the club's debts for the current and the last season seek LTL 25 million (EUR 7.2 million).

http://www.globalpost.com/dispatch/news/asianet/130406/lithuania-basketball-club-zalgiris-russias-gazprom-possibly-support-tal