Sanctioned at the start of the season with one victory less in Betclic Elite, Monaco saw this sanction confirmed on appeal.
Monaco lost a second battle. This Wednesday, the sanction pronounced at first instance by the French Basketball Federation was confirmed on appeal. Due to a “breach of articles 342 and 344 of the LNB regulations concerning the club's obligation of transparency and sincerity regarding the regulations relating to sporting fairness within the first professional division”, the Roca Team received a victory in Betclic Elite with a fine of 20,000 euros.
The National Basketball League criticizes the principality club for lack of transparency regarding a Mike James image contract. Contracted with the company Fedcom Media, a subsidiary of the Fedcom group which owns the Monegasque basketball club, this contract would have been the result of a financial arrangement aimed at
circumvent the rules and thus reduce the American's salary. And therefore the payroll of the workforce. The direct consequence of this sanction deprives Monaco of second place, jointly occupied alongside Paris and Asvel.
Monaco could, however, not throw in the towel and take the matter to the French National Olympic and Sports Committee. Then if the CNOSF decision does not suit it, the team coached by Sasa Obradovic will still have a last appeal before the Court of Arbitration for Sport.
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