AS Monaco faces financial crisis
AS Monaco will have to sell 150 million euros this summer to maintain its financial balance, while the club must adhere to the salary cap imposed by the DNCG.
AS Monaco faces financial crisis
According to Vi.Background
Kaio Henrique's transfer to Ajax was an important financial move for AS Monaco. His sale has helped the club maintain financial balance, while other potential transfers could also strengthen the club's position.
Why it matters
AS Monaco will have to sell 150 million euros this summer, which is necessary to maintain the financial balance of the club. This situation is challenging for the club, especially as they have to adhere to the salary cap set by the DNCG. Club owner Dmitry Rybolovlev believes that Monaco must now become financially self-sufficient, which could impact the long-term sustainability of the club.
Key Points
- AS Monaco is facing a financial crisis.
- AS Monaco will have to sell 150 million euros this summer to maintain its financial balance, while the club must adhere to the salary cap imposed by the DNCG..
- Waarom AS Monaco ineens op de centen moet letten.
The club's owner, Russian billionaire Dmitry Rybolovlev, has not made any additional investments in the club over the past two years. He believes that Monaco should now become economically self-reliant. This situation has presented a major challenge for the club's managing director Thiago Scuro and technical director Carlos Avina. Scuro certainly has the support of Rybolovlev, although fans called for his departure last season.
This time, Monaco will have to make significant sales while maintaining the quality in their squad. Given Skoro's good selling ability, the club has already received a significant amount of money from the transfer of Kaio Henrique to Ajax. Additionally, the sale of Aladji Bamba to Newcastle United for 41.5 million euros was also beneficial for the club. Now, Magnus Akliuch is on the verge of a move to Paris Saint-Germain, who are expected to make a bid of €50 million for him.
Other players of the club such as Folarin Balogun, Lamin Camara and Eric Dier have also been placed on the transfer list. Eric Dier's salary in particular, which exceeds three million euros per month, no longer fits into the club's financial structure. Monaco aims to slash total wages by 20 percent this summer.After a disappointing seventh-place finish last season, the club is now hoping to compete with the top French clubs under new coach Philippe Louis. Scuro and Avina now have to make millions in sales, as well as build a team capable of qualifying for the Champions League. The goal this transfer window at Stade Louis II is no longer just luxury but survival.
What will happen next
The club has already received a substantial sum from the transfer of Kaio Henrique, and has also benefited from the sale of Aladji Bamba to Newcastle United. Furthermore, the potential sale of Magnus Akliuch could ease the club's financial crisis with a 50 million euro bid to Paris Saint-Germain. Other players, such as Folarin Balogun and Eric Dier, have also been placed on the transfer list, which could help Monaco improve its financial situation.
Frequently Asked Questions
Why is AS Monaco facing a financial crisis?
AS Monaco is facing a financial crisis due to the salary cap imposed by the DNCG, which will force the club to sell 150 million euros to balance its budget.
When did the club owner confirm this situation?
The club's owner, Dmitry Rybolovlev, has not made any additional investment in the club over the past two years and has said that Monaco must now become financially self-sufficient.
Which players has the club sold so far?
The club have sold Kaio Henrique to Ajax and Aladdin Bamba to Newcastle United for 41.5 million euros.
What changes are happening at AS Monaco now?
AS Monaco aim to reduce total wages by 20 percent this summer and other players at the club have also been placed on the transfer list.
What is the new strategy of the club?
The club's new strategy involves making significant sales while maintaining quality and competing with the top French clubs under new coach Philippe Louis.
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