Since being promoted to Ligue 1 at the end of last season AS Monaco never seem to be too far from the back page of a newspaper, whether it be with the big money signings of Falcao and company or the tax regulations that are threatening the club.
Firstly, to explain, Monaco is an oddity in that the team is domiciled in the principality and tax haven of Monaco and is not a part of France. Because of this AS Monaco can take advantage of the tax haven status and players do not pay taxes on salaries they receive. Hence why you will see a number of big name stars moving there in the coming months.
However, an extensive legal battle is looming for the club that is widely renowned as one of the most successful clubs in France. Monaco themselves have launched legal proceedings against the French football authorities after rival clubs threatened to refuse the club’s entry to the country’s top division next season.
The reason all of this has come to a head is undoubtedly because of financial fair play rules that UEFA are putting in place. However, with Monaco having the advantage over its rivals due to them not paying tax on player’s wages, a number of Ligue 1 clubs have complained. So in March of this year the Ligue Professionelle de Football (LFP) voted to exclude Monaco unless the club moved its head offices to France to register with the country’s financial regulations, thus paying taxes.
Obviously Monaco was not best pleased with this ruling, so the French Football Federation stepped in to try to thrash out a deal with the club which resulted in Monaco being asked to pay an amount of 200 million euros (£168m) over seven years, for their base to remain in Monaco. The club stated that they believed the payment to be an ‘outrageous’ amount and refuse to pay that much.
With this legal battle still rumbling in, and with an outcome that is unlikely to please all parties in the coming months, I have two questions: will we get to see Monaco’s big name signings light up the French ligue? If not I can’t imagine Falcao will be happy to see his career go to waste, no matter how much money he will be earning. Secondly, will the uncertainty around Monaco put off more big names from flooding into the club, or can we expect a huge influx of players?
Experiencing a live football match in a stadium is genuinely remarkable. The atmosphere differs significantly from watching on a screen. The energy and excitement are contagious, immersing you in the game like never before. If you're gearing up for your inaugural football match, knowing what to expect is essential. The sheer intensity of being surrounded by hundreds or thousands of passionate fans can be overwhelming. To ensure you make the most of this unique experience, here are some tips for first-timers: Secure Tickets Early Getting tickets is crucial, especially for popular events like the World Cup or highly anticipated matches. Buying online is often the most convenient method. As the season progresses, ticket demand increases, leading to quick sell-outs. Prices can vary based on team popularity, stadium quality, and other factors. You can think about buying your tickets in cryptocurrency. Consider using USDT but first understand tether meaning to know how to go about it. If you have a specific team or player you want to see, plan accordingly by checking their schedule and securing tickets early for the best experience. …
FRANCE WIN 14-0 🤯Les Bleus score 14 (FOURTEEN) times vs. Gibraltar for their biggest-ever win.…
Aston Villa are having a very fine season so far in the Premier League. The…
The Premier League run-in, the backend of the title race for Manchester City sees them…
Everton is having a bad season so far, from their poor form in the league…
Communication is the heartbeat of any successful soccer team. On the field, amidst the flurry…