In its budget, AS Monaco can provision upstream enough to pay its many fines. Nothing but this season, the Principality club had to pay 258,330.30.30 euros from Luxury Tax, of 20,000 euros from the LNB for having partially remunerated Mike James thanks to an unconcluded image contract, of 18,500 euros with the LNB for having aligned players who theoretically did not have the right to play in preseason and a check for the Urbint. Two rules of financial fair play …
This time, it’s The Federation Sports Agents Commission which sanctioned AS Monaco, guilty of having recourse to a sports agent who does not hold the FFBB sports agent license when signing the Mike James contract in 2022.
100,000 euros fine firm for ASM
For breaking the article L.222-7 of the Sports Code, AS Monaco was sentenced to a very heavy fine: 200,000 euros, including 100,000 euros suspended. For his part, Aleksej Fedorychev was awarded a warning while Mike James received a suspended suspension suspended. Potentially problematic insofar as the Euroleague MVP has since initialed a new three -year contract with ASM, signed last summer.
AS Monaco has a recourse to conciliation with the CNOSF then the possibility of challenging Cand decision with the administrative court.
