1. On the basis of article 6.2.1. of the Protocol of Constitution of Euroleague, a basketball club has a contractual duty to appear at the game, unless excused by the Regulations. The existence of such an excuse has to be proved by the club. A “suitable justification” is not constituted by the situation in a country which although being far from being “normal” has not prevented the Euroleague competition from taking place in safe and undisturbed environments for the competition. The situation is considered to have been carefully evaluated by Euroleague, when it decided that the game at hand be played in a city such as Tel Aviv and took into account the security measures offered to prevent any risk and/or accident. There was no existence of a specific and individual threat to the life of the members of the Appellant’s team. As to the fact that Euroleague had convened an extraordinary meeting to discuss the venue of the Final Tour, such extraordinary meeting does not constitute a “suitable justification” on which the club could rely.