In the statement made by the French club, it was stated that the ban, which “temporarily” restricts the team from registering new players or coaches for EuroLeague competitions, is purely procedural and is not a sanction or a final decision.
“The club wishes to emphasize that it has always fulfilled all requirements set by EuroLeague Basketball and other governing bodies with full transparency and good faith. AS Monaco Basket has maintained a sound financial position and has fulfilled all its obligations to all its corporate partners in a timely manner,” the statement said. It was said.
In the statement made by the EuroLeague, it was emphasized that the reason for the transfer ban on Monaco was “related to overdue debts, failure to provide the necessary documents and lack of cooperation”.