AS Monaco Basket don enter cessation of payments, which mean say dem don start bankruptcy proceedings, di club announce on Wednesday as dem say dem dey pause everytin and di future no clear.
"Despite all di efforts wey dem make, AS Monaco Basket don enter cessation of payments," di club talk for one statement wey dem send to dia supporters. Monaco add say dem go "take a break" now as dem dey hope to find way to restructure and eventually restart di project.
Dis one happen just months afta one of di most successful seasons for di club history. Di Roca Team win di French championship, French Cup and Leaders Cup for 2025-26, to complete domestic treble.
For di last ten years, Monaco don win three French championships, two French Cups, four Leaders Cups and one French Supercup. Dia biggest European achievement come for 2021 when dem win di EuroCup, na di first European title wey any Monegasque team win for any team sport.
Monaco later establish demsef as regular EuroLeague contender, reach di Final Four for 2023 where dem finish third, before dem reach di championship game for 2025.
Di club statement show say professional men's basketball operation go pause while dem dey check possible restructuring. Di future of men's basketball for Monaco go rest with di Association de l'ASM, wia dia leadership, coaching staff, youth players and first team wey dey play for Nationale 3 go carry di club go during dis uncertain time.
