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Prince Albert addresses the financial crisis of AS Monaco Basket

Yahoo Sports • 1 min read • Latest: Sep 4, 2026, 4:16 PM

Last updated Sep 4, 2026

Prince Albert addresses the financial crisis of AS Monaco Basket

Summary

Prince Albert II issued a statement on September 4 regarding the severe financial crisis surrounding AS Monaco Basket. Despite winning a domestic quadruple and reaching the 2025 EuroLeague final, the club faces exclusion from France’s two highest professional divisions. The country’s financial watchdog rejected the team's admittance for the 2026-2027 season, and subsequent appeals have failed. AS Monaco Basket now plans to apply for a position in the third-tier Nationale Masculine 1 to initiate a comprehensive organizational rebuild. The Prince emphasized the need to preserve the club’s ecosystem, including staff, volunteers, and supporters, while calling for a long-term vision to restore the team's standing.

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By the Numbers

•AS Monaco Basket faces exclusion from top-tier professional basketball due to financial issues.
•The club intends to join the third-tier Nationale Masculine 1 league for the 2026-2027 season.
•Prince Albert II called for a rebuild focused on stability and institutional preservation.
•The team recently secured victories in the French championship, French Cup, Leaders Cup, and Super Cup.

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