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The 2007-08 FIBA EuroCup was the fifth season of FIBA's European professional competition and the last under the name EuroCup which is now used for the formerly known ULEB Cup. The competition, which was renamed the FIBA EuroChallenge in July 2008, featured 38 competing teams, from 23 countries following the abolition of the FIBA EuroCup Challenge in 2007. The draw for the groups was held on August 5, 2007, at the Kempinski Hotel in Munich.