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AS Monaco Basketball in Crisis | Andorra News
AS Monaco Basket teeters on the brink of collapse, facing possible demotion from France’s top league and exclusion from EuroLeague — all due to crippling debt. A bold rescue bid from Andorran investment firm Clayton Sport, already owners of FC Andorra, is on the table: they’ll clear €2.5 million in EuroLeague debt and offer a €5 million bank guarantee — with football icon Ronaldinho reportedly onboard. With the deadline looming for September’s season kickoff, Monaco plans to appeal to France’s sports committee by August 18th. Another potential savior, ex-NBA star Jamal Mashburn, remains…
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