FIBA Europe set to reveal EuroBasket 2017 hosts with five countries in contention

Turkey are one of five contenders to stage the EuroBasket 2017 tournament ©Getty Images

International Basketball Federation (FIBA) Europe are set to announce the organisers of the EuroBasket 2017 tournament at a ceremony in Munich tomorrow.

Finland, Israel, Poland, Romania and Turkey are the five contenders to stage the tournament having met the November 2 deadline, following the opening of the bid process on October 1.

FIBA Europe invited countries to submit bids for the Championships, which was first held in Switzerland in 1935, with three options available, as they could either host the whole event, a group in the opening phase or a group together with the final phase.

It followed the success of the 2015 edition of the event, which was the first edition to be staged in more than one country with group matches were held in Montpellier, Berlin, Riga and Zagreb, while the final stage of the tournament took place in the French city Lille.

Ukraine had initially been schedule to host the full competition this year but was stripped of the tournament in June 2014, due to the unstable political situation and security issues in the country, which culminated in Russia's annexation of the Crimea region in March of last year.

Spain were crowned EuroBasket winners for the third time in four editions earlier this year ©Getty Images

Each of the five bidding countries for the 2017 event have been visited by an Evaluation Commission over who then submitted their findings to the FIBA Europe Board.

The National Federations are set to present to the FIBA Europe Board tomorrow, with the voting session set to follow afterwards.

The winning bid or bids is expected to be revealed at 12.15pm local time.

EuroBasket 2017 is set to be the first European competition to be held as part of the new FIBA competition calendar, which has been aimed at increasing the global profile of the sport.

Continental Championships will now be held every four years instead of biennially, with the aim being to increase exposure of the sport by giving fans across the world more opportunities to see their teams compete on home soil.