AS Monaco has been sanctioned by Euroleague Basketball’s Finance Panel for breaching Financial Stability & Fair Play Regulations, resulting in a “ a prohibition to register new players and coaches until one month after all overdue payables have been fully paid or an agreement is settled, and fines amounting to €300,000 “.

Euroleague Basketball confirmed that the Finance Panel — an independent regulatory body — issued the sanctions after determining that Monaco violated Articles 32(a), 32(c) and 32(e) of the Euroleague Basketball Disciplinary Code. The infractions include overdue payables, failure to provide mandatory financial documentation, and lack of cooperation with the Management Control Commission (MCC).

The MCC, the independent body responsible for evaluating clubs’ financial pe

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