With EuroLeague outfit AS Monaco facing serious financial difficulties, the Principality of Monaco steps in for a workaroundBy Johnny Askounis/ info@eurohoops.netThe Principality of Monaco is ready to provide a temporary solution for AS Monaco, as revealed by L’Equipe on Thursday. With the EuroLeague participant and president Alexey Fedorychev dealing with serious financial difficulties, and players recently nearing a decision to abandon the daily team schedule, the Principality will be taking over the club until the arrival of a new majority shareholder. Monaco later confirmed the team is undergoing a transition to improve the situation and establish a long-term solution. L’ AS Monaco Basket traverse actuellement une phase de transition structurée. Le club est stable sur le plan opérationnel et les activités sportives se poursuivent normalement.