Football: Dmitry Rybolovlev would like to put AS Monaco up for sale

by time news

2024-01-22 04:01:19

Since Dmitry Rybolovlev acquired 66% of the club’s shares in 2011, AS Monaco has experienced its share of emotions. First, the rise to Ligue 1 in 2012, the title of French champion in 2017, a quarter-final of the Champions League in 2015, then a semi-final two years later. But the adventure between the Russian billionaire and the principality club could soon end.

The owner of the club would have requested the services of the investment bank Raine in order to initiate a total or partial transfer process, according to The echoes. This decision was notably motivated by the interest of at least two American investors, wishing to acquire the Monegasque club.

Dmitry Rybolovlev’s spokesperson spoke on this subject: “The majority shareholder has used the services of the Raine group which will act as exclusive financial advisor in this matter. No guarantee is given that a transaction involving the club will be concluded following this strategic review, and, at this time, we do not intend to make any further comments on this subject. »

The Russian could therefore be tempted by a sale, if the amount offered seems reasonable to him. The project is not urgent, but could still be completed by the end of the season. To do this, the buyer would need to be supported by the Principality of Monaco, still a minority shareholder in the club.

Raine, the American bank mobilized by Dmitry Rybolovlev, participated in the recent sales of several European clubs, such as Manchester United, Chelsea and Olympique Lyonnais.

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