AS Monaco declares bankruptcy and halts operations
The 2025 EuroLeague Final Four participant failed to secure a 2026/27 license and has halted operations while seeking restructuring.
AS Monaco has officially declared bankruptcy, bringing an abrupt end to the club’s recent run in the EuroLeague and top-tier French basketball. The Principality side — which reached the EuroLeague Final Four in 2025 — had suffered financial difficulties for months, barely completing the previous season and ultimately failing to obtain a license for 2026/27. As a result, Monaco withdrew from the EuroLeague and no longer competes at the highest level in France.
Club statement and immediate consequences
In a statement, the club acknowledged the scale of the problem: "Today is a sad day. Despite all efforts, Monaco has reached a situation of suspension of payments. The club will now pause, hoping it will find a way to restructure and one day restart the project," the club said. The announcement confirmed that operations are being halted as the organisation seeks options for restructuring.
The sporting fallout is immediate: after a season in which Monaco was unbeaten at home and defeated all the major European teams it faced, players and staff are left in limbo while the club’s future ownership and financial structure are re-examined. The team had already been denied a competition license for 2026/27, a factor that forced its withdrawal from continental competition.
Monaco’s recent rise included continental success and domestic trophies. The club’s triumph in the European Cup in 2021 preceded a run that produced three championship titles, two French Cups and one Supercup — achievements that now stand as the legacy of a period of rapid sporting success.
For French basketball and the EuroLeague, Monaco’s collapse creates immediate sporting and administrative questions: fixtures, license allocations and the status of contracted players will require clarification in the coming days. Supporters and league officials will follow closely any attempts at restructuring or potential new investment that could revive the project.
Until such a solution appears, AS Monaco’s bankruptcy marks a sudden pause to one of Europe’s most remarkable club stories of the past decade, leaving a string of domestic and continental honours as testament to the team’s recent achievements.
Photo: press material from the event
