Olympiacos Defeats Real Madrid to Win the EuroLeague
In the EuroLeague final, Greek club Olympiacos defeated Real Madrid 92:85. Evan Fournier scored 20 points, while Trey Lyles had 24, but it wasn't enough to save Real Madrid from defeat.
Main Event
Olympiacos are the 2026 EuroLeague champions!
In a dramatic Final Four final held on May 24, 2026, at the Uber Arena in Berlin, Greek side Olympiacos delivered a crushing defeat to Real Madrid with a score of 92:85. For the Piraeus club, this trophy is their fourth in history and the first since the legendary 2012/13 season, when they defeated the same Real Madrid (100:88) in the final. Back then, the team was led by current Barcelona coach Georgios Bartzokas, and now the triumph has been repeated under his guidance—once again against the "royal club."
The game was tense and evenly matched for three quarters, but the decisive final period belonged to the Greeks. Real Madrid led at halftime (45:43), but Olympiacos won the third quarter (24:20) and closed out the game with a 25:20 run in the fourth, preventing any comeback.
Details and Statistics
The hero of the final was French guard Evan Fournier, who scored 20 points (4 of 7 from three-point range, 6 rebounds, 4 assists). His long-range shots in the second half turned the tide three times. Fournier was named Final Four MVP—for the 34-year-old veteran, who joined Olympiacos last summer from the NBA, this is his first major European club title.
For Real Madrid, Trey Lyles had a brilliant game with 24 points (9 of 14 from the field, 5 rebounds), but his efforts were not enough. The team's leader, Edy Tavares (10 points, 12 rebounds), was hampered by fouls and played only 28 minutes. Facundo Campazzo added 15 points and 8 assists, but the Argentine committed 5 turnovers, three of which came in the final quarter.
Key statistics:
- Rebounds: Olympiacos 38 (9 offensive), Real Madrid 32
- Assists: 19 vs. 18 in favor of the Greeks
- Turnovers: 11 for Olympiacos, 14 for Real Madrid
- Three-point shooting: 12/31 (38.7%) for Olympiacos vs. 9/27 (33.3%) for Real Madrid
Real Madrid head coach Chus Mateo said after the match: "We controlled the game for 30 minutes, but the last quarter was a disaster for us. Fournier hit two impossible three-pointers, and after that, our players mentally collapsed."
Context and Significance
This victory by Olympiacos breaks Real Madrid's dominance in the EuroLeague. Over the past five years, Madrid has won three titles (2022, 2023, 2025), with only Panathinaikos stopping them in the 2024 final. For Greek basketball, Olympiacos's triumph is especially sweet—their archrival PAO won the EuroLeague two years ago, and now the Piraeus club has restored parity in Athens.
Economic aspect: the prize money for winning the EuroLeague is €1.5 million, and the club's total revenue from participating in the Final Four (ticket sales, TV rights, sponsor bonuses) is estimated at €4–5 million. For Olympiacos, whose budget this season was €38 million (compared to Real Madrid's €52 million), this is an outstanding achievement.
Olympiacos's path to the final deserves special mention. In the quarterfinal series (best of five), the Greeks eliminated Turkish side Fenerbahçe 3-1, and in the Berlin semifinal, they overcame Monaco 81:76. Fournier scored 18 points and grabbed 7 rebounds in that game.
What's Next
For Real Madrid, the season is not over—a week later, on June 1, the "royal club" will start the final series of the Spanish ACB League against Barcelona. Real Madrid finished first in the regular season (28 wins, 6 losses), but Barcelona, under Bartzokas, will be highly motivated to avenge their EuroLeague defeat—remember that Real Madrid eliminated the Catalans in the EuroLeague semifinal 87:76.
Olympiacos, meanwhile, will begin the Greek League final series on May 28 against their archrival Panathinaikos. This will be the "eternal derby" for the championship. In the regular season, the teams split wins (2-2 each), but now Olympiacos enters the series with a huge psychological advantage.
Editorial Prediction
The Greek League final between Olympiacos and Panathinaikos will be the season's climax. With their EuroLeague victory, the Piraeus team is riding an emotional high, while PAO finished their European campaign in the quarterfinals. Favorite: Olympiacos. The key factor will be bench depth: Olympiacos has eight rotation players averaging at least 7 points per game in the playoffs, while PAO relies heavily on Kendrick Nunn (19.5 points per game). If Nunn is shut down by collective effort—and Bartzokas is known for his defensive schemes—Panathinaikos will struggle to compete. We expect Olympiacos to win the series 3-1.
— Editorial Team
