started · updated
AS Monaco Basket barred from French professional leagues for 2026‑27 season
The French Basketball Federation (FFBB) Appeals Committee rejected AS Monaco Basket’s appeal, confirming the club’s exclusion from the Betclic Elite and Elite 2 divisions for the 2026‑27 season. The decision was based on the club’s failure to provide sufficient financial guarantees and to submit the required documentation by the July 31 deadline. AS Monaco carries debts of about €24 million and its projected budget for the upcoming season is roughly €12.5 million, down from more than €38 million the previous year. A takeover plan led by Helen Holdings, an American investment fund headed by former NBA player Jamal Mashburn, includes a €7 million bank guarantee, but the plan has not yet satisfied the federation’s requirements. The club, the reigning French champion, may appeal the ruling to the French National Olympic and Sports Committee (CNOSF) and, if necessary, to an administrative court. Monaco’s government thanked the principality’s institutions for supporting the restructuring effort.
Entities
AS Monaco Basket · CNOSF · CNOSF (French National Olympic and Sports Committee) · French Basketball Federation (FFBB) · French National Olympic and Sports Committee (CNOSF) · Helen Holdings · Jamal Masbur · Jamal Mashburn · LNB (National Basketball League)
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 26 SOURCES] The takeover plan included a bank guarantee of about €7 million. ebasket.gr · www.in.gr · www.sportal.gr · sportime.sigmalive.com · www.ertsports.gr · +19 more
- [● 18 SOURCES] The club was given a deadline until 31 July 2026 to submit required documents for a takeover plan. www.nicepremium.fr · www.in.gr · sportime.sigmalive.com · www.tanea.gr · www.to10.gr · +12 more
- [● 26 SOURCES] The required documents were not submitted within the deadline, leading to the refusal being upheld. www.nicepremium.fr · www.in.gr · sportime.sigmalive.com · www.tanea.gr · www.to10.gr · +19 more
- [● 5 SOURCES] AS Monaco Basket had appealed the earlier refusal by the Superior Management Council. www.nicepremium.fr · www.in.gr · sportime.sigmalive.com · www.tanea.gr · www.to10.gr
- [● 5 SOURCES] The Appeals Chamber of the French Basketball Federation confirmed the refusal of AS Monaco Basket's participation in Betclic Elite and Elite 2 for the 2026‑27 season. www.nicepremium.fr · www.in.gr · sportime.sigmalive.com · www.tanea.gr · www.to10.gr
- [● 26 SOURCES] The club's projected budget for the upcoming season was approximately €12.5 million, down from over €38 million the previous season. ebasket.gr · www.in.gr · www.sportal.gr · sportime.sigmalive.com · www.ertsports.gr · +19 more
- [● 26 SOURCES] The takeover plan was to be led by Helen Holdings, an American investment fund headed by former NBA player Jamal Mashburn. ebasket.gr · www.in.gr · www.sportal.gr · sportime.sigmalive.com · www.ertsports.gr · +19 more
- [● 26 SOURCES] AS Monaco retains the right to contest the decision before the CNOSF and, if needed, the administrative court. www.nicepremium.fr · www.in.gr · sportime.sigmalive.com · www.tanea.gr · www.to10.gr · +19 more
- [● 18 SOURCES] The Appeals Chamber of the French Basketball Federation confirmed the rejection of AS Monaco Basket's registration in Betclic Elite and Elite 2 for the 2026‑27 season. ebasket.gr · www.in.gr · www.sportal.gr · sportime.sigmalive.com · www.ertsports.gr · +12 more
- [● 20 SOURCES] The French Federation cited insufficient guarantee of the club's economic viability as the reason for the exclusion. www.eurosport.fr · www.nice-premium.com · www.nicepremium.fr · www.ledauphine.com · przegladsportowy.onet.pl · +14 more
- [● 17 SOURCES] AS Monaco Basket is the reigning French champion. przegladsportowy.onet.pl · www.bhbasket.ba · ebasket.gr · www.in.gr · www.sportal.gr · +11 more
- [● 17 SOURCES] AS Monaco Basket has debts estimated at €24 million. przegladsportowy.onet.pl · www.bhbasket.ba · ebasket.gr · www.in.gr · www.sportal.gr · +11 more