Complex sentence: Both players were named in the All-Star team for the tournament which despite the disappointment, was a true sign of potential from the young team that will compete in European qualifiers for the first time in June 2012.
Split into simpler sentences: Both players were named in the All-Star team for the tournament which despite the disappointment, was a true sign of potential from the young team. It competed in European qualifiers for the first time in June 2012.