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AS Monaco set to end tax dispute with Ligue 1

AS Monaco are close to agreeing a deal with the Ligue Football Professionel which will end a long...
Newstalk
Newstalk

14.47 24 Jan 2014


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AS Monaco set to end tax dispu...

AS Monaco set to end tax dispute with Ligue 1

Newstalk
Newstalk

14.47 24 Jan 2014


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AS Monaco are close to agreeing a deal with the Ligue Football Professionel which will end a long-running tax dispute.

Because Monaco are based in a principality, the club was not required to pay French taxes.

That was an issue for their Ligue 1 rivals and in March, the LFP announced that all football clubs would have to be based in France for tax purposes.

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But a deal which will see Monaco pay €25 million in both 2014 and 2015 is reportedly close to completion.

The club suffered a blow this week when Colombian striker Radamel Falcao will face months on the sidelines with cruciate ligament damage.


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