High Quality Content by WIKIPEDIA articles! The Euroleague is an international professional basketball club competition for elite clubs throughout Europe. The 2006–2007 season featured 24 competing teams from 13 different countries. The draw for the groups was held on September 14, 2006 in Athens. The competition began on October 24, 2006 at the Olympic Pavilion in Badalona, Spain with Panathinaikos winning 82-79 against DKV Joventut. The final of the competition was held on May 6, 2007 in the Olympic Indoor Hall in Athens, Greece, the home court of Panathinaikos, with Panathinaikos defeating defending champions CSKA Moscow 93-91. The site of each year`s Euroleague Final Four is selected before the previous year`s Final Four, before it can possibly be known who will advance.