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Bulgaria, Greece, Romania and Serbia have signed a Memorandum of Understanding to lay the groundwork for a joint bid to host either the 2028 Uefa European Championship or the 2030 Fifa World Cup

Greek Superleague football club Panathinaikos has been hit with a three-season ban from European competition after falling foul of Uefa’s financial guidelines.

Euroleague Basketball has outlined expansion plans for its top-tier EuroLeague competition, as the owner of leading Greek team Panathinaikos said the club will leave for the Basketball Champions League amid clashes with Euroleague administration.

Athens has been awarded hosting rights to the 2018 Final Four of the Basketball Champions League.