'Lockdown' in Monaco: Declared Bankrupt (Pic)
25 Articles
25 Articles
In the 2024-25 season, they reached the Euroleague final under the guidance of Vasilis Spanoulis.
Monaco failed to find a rescue solution and declared bankruptcy, it said in a statement. The post “Lockdown” in Monaco: Declared bankrupt (pic) appeared first on in.gr.
Monaco is leaving - at least for the time being - the European basketball scene and putting a "lockdown" as it declared bankruptcy, a development that is a top issue in France. Monaco, which was excluded from the professional categories of France in August, officially announced that it is heading for bankruptcy and suspending its operations, temporarily putting a "lockdown" on a project that in recent years had evolved into one of the great powe…
"A record of victories and trophies that will forever be part of Monaco's sporting history," the team's "farewell" states.
The French team announced the cessation of payments and that it is suspending its operations.
Professional sport on many occasions is a real roller coaster, even more so with the general commodification of any category.That is what has happened to the one who was one of the most attractive and with the greatest potential of the Euroleague. From finalists of the best continental competition in 2025 with a plantill to officially cease their basketball operations.The Monaco Basketball has announced this Wednesday the cessation of its activi…
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