AS Monaco Basket has been placed in cessation of payments, effectively entering bankruptcy proceedings, the club announced on Wednesday as it confirmed a pause in operations and uncertainty over its future.

"Despite all the efforts made, AS Monaco Basket has been placed in cessation of payments," the club said in a statement addressed to its supporters. Monaco added that it would now "take a break" while hoping to find a path toward restructuring and eventually relaunching the project.

The development comes just months after one of the most successful seasons in the club's history. The Roca Team won the French championship, French Cup and Leaders Cup in 2025-26, completing a domestic treble.

Over the past decade, Monaco has won three French championships, two French Cups, four Leaders Cups and one French Supercup. Its greatest European achievement came in 2021 when it won the EuroCup, the first European title by a Monegasque team in a collective sport.

Monaco subsequently established itself as a regular EuroLeague contender, reaching the Final Four in 2023 where it finished third, before advancing to the championship game in 2025.

The club's statement indicates that the professional men's basketball operation will pause while potential restructuring is explored. The future of men's basketball in Monaco will temporarily rest with the Association de l'ASM, whose leadership, coaching staff, youth players and first team competing in Nationale 3 will carry the club forward during the uncertainty.