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ASVEL Basket
French professional basketball team since 1948
ASVEL Basket
ASVEL Basket, known as LDLC ASVEL since 2018 due to sponsorship reasons, is a French professional basketball team located in the commune of Villeurbanne, a suburb of Lyon, France. The club, which is the basketball section of the ASVEL multi-sports club, competes at the highest level of French basketball, the LNB Élite. The club's home games are played in both the OL Arena and the Astroballe which have seating capacities of 12,523 and 5,560 respectively. Founded in 1948, the team is the most successful in French basketball with 21 LNB Élite championships and 10 French Cup titles. In June 2019, football club Olympique Lyonnais's holding company OL Groupe purchased a 25% stake in the ASVEL men's team, plus a 10% stake in the ASVEL women's team, in a deal worth around €3.7 million. The deal also included a plan for a new EuroLeague-standard arena.
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