Euroleague Basketball made an announcement about AS Monaco violating financial regulations.

As confirmed on Monday, La Roca Team has been prohibited from registering new players and coaches, pending a final decision.

“The Management Control Commission (MCC), the independent commission that reviews the financial performance of the clubs and their compliance with the relevant regulations has referred an adjudicatory proceeding to the Financial panel against AS Monaco, as per the infringement of Articles 32.a) 32.c) and 32.d) of the Euroleague Basketball Disciplinary Code, relating to overdue payables, failure to provide required documentation, and lack of cooperation.

Pending a final decision on the matter, the Finance Panel has imposed a provisional measure prohibiting AS Monaco from reg

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