Thursday, January 20, 2022

Monaco: The French powerhouse that wasn’t meant to be

Football expert Pontus Maltborg on the prospects for AS Monaco FC

 

In the summer of 2013, AS Monaco FC’s owner and president, the Russian oligarch Dmitry Rybolovlev, made a huge outlay on his squad to try to take the newly promoted principality football club into the position of being the number one contender. Monaco delivered and finished in second place giving them a guaranteed place in the UEFA Champions League this season.

 

Everybody expected a similarly huge spending spree this summer but several events forced Monaco to rethink their policy and instead the club started a covert deconstruction that didn’t become completely apparent until the final days of the transfer window.

 

monaco
Dmitry Rybolovlev with Prince Albert II of Monaco
monaco
Radamel Falcao was the second big ticket departure from the club

The focal event was the divorce battle that Rybolovlev had been fighting and which he finally settled in the late spring of 2014. The £2.8 billion payout ended up being the biggest divorce settlement in world history. As the oligarch has only Russian citizenship, the divorce was fought under Russian law and the result was an extreme hardline split of all possessions fifty-fifty.

 

Cynics also suggested that one of Rybolovlev’s reasons for such an aggressive outlay on players in 2013 had been in order to try to influence those dealing with his Monégasque citizenship application. By 2014, though, this had been denied and thus the billionaire had no need to impress the authorities and so decided to reduce his investment levels.

 

Despite having the second most star studded team in the country and, in James Rodríguez, having the star that by far shone the brightest out of all the players from the French Championship at the World Cup in Brazil, new fans didn’t really take to Monaco. The club rarely managed to pack their stadium and ironically one of the only sold out games of the season came against a certain team of Parisian giants.

 

The fact that Monaco also had to make a settlement of £23.4 million with the French league in order that their status as a tax-haven club not be contested has also seriously affected Monaco’s liquidity. This coupled with UEFA’s hardline and a “witch-hunt” on aggressive spending made Monaco sacrifice the season that was suppose to catapult them back into the fore of European football.

 

According to Vadim Vasilyew, AS Monaco FC’s chief executive officer, Rybolovlev still has long-term commitment and ambitions for the club. This statement, however, should not be taken at face-value as it might just be a strategic statement as part of the oligarch perhaps seeking a longer-term exit strategy.

 

As was clearly the case during the summer, AS Monaco FC kept everybody guessing by unexpectedly selling James Rodríguez for £62.5 million. They then moved into “silly season swoop” mode as they sought out a potential replacement but then – on deadline transfer day itself – bizarrely sold their second biggest star, fellow Colombian Radamel Falcao, instead of securing a replacement.

 

Even though Monaco are keeping their cards close to their chests currently, they will soon be forced to reveal their hand and thus their true intentions about the future. We’re in for a rocky ride.

 

Stockholm and Warsaw based Pontus Maltborg is a football expert with a passion for scouting and talent development. Follow him on Twitter @PontusMaltborg.

 

 

Subscribe to our free once daily email newsletter here:

     

    The Steeple Times
    We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.
    Advertisement

    6 COMMENTS

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Advertisement

    £1 per week Supports The Steeple Times

    Help journalism to remain honest & independent. You can make a difference to the world today.

    2,793FansLike
    2,068FollowersFollow
    12,027FollowersFollow

    Subscribe For DAILY NEWS

    Please subscribe, like and share this unique site, it helps us tremendously. The Steeple Times in return will send you an email at noon each and everyday, that we sincerely hope you will enjoy & look forward to seeing in your inbox.

    AD
    Advertisement

    Recent and Popular

    Prince Andrew Pizza Express social media Bernie Ecclestone

    Not So Social Randy Andy

    As Prince Andrew loses yet more responsibilities, quits social media and plunges deeper into debt, we suggest he turns to one of his last remaining chums, the notoriously noxious skinflint Bernie Ecclestone.
    Lady Victoria Hervey Ghislaine Maxwell

    Moron of the Moment 2022 – Lady Victoria Hervey

    Lady Victoria Hervey’s latest airing to share irrelevant claims about Ghislaine Maxwell simply show her lack of connection with the real story; this tedious twerp ought to now learn the art of silence.
    GB News National Anthem

    Nationalistic Nonsense – National Anthem & GB News

    Failing GB News’ attempt at becoming more patriotic by playing the National Anthem daily gets slated; dimwit Darren Grimes, of course, had to weigh in.
    Rights Responsibilities Duke and Duchess of Sussex Ginge and Cringe

    Responsibilities, Rights & Ginge & Cringe

    Matthew Steeples suggests the Duke and Duchess of York should finally accept that when they gave up on responsibilities, they gave up their rights to privileges also; they do not deserve UK police protection.
    Julian Moss Lambourne Estate South Portland

    Moss Moves On

    British vodka baron Julian Moss to sell his spectacular £15.8 million riverfront country estate just an hour from Sydney in Australia.
    BYOB Veganuary at Wetherspoons

    Picture of the Week 2022 – BYOB Veganuary at Wetherspoons

    As horrendously nutty ex-MEP Roger Helmer bangs on about having a burger at Wetherspoons, an image of PM Boris Johnson and the chain’s boss Tim Martin at a BYOB at 10 Downing Street trends on Twitter; we also remind readers of Helmer’s past antics.
    Bathtub Bonk Pad Prince Andrew Ghislaine Maxwell 44 Kinnerton Street

    Flipping Randy Andy’s Bathtub Bonk Pad

    WORLD EXCLUSIVE – Ghislaine Maxwell’s Belgravia bonk pad – where Prince Andrew allegedly shockingly had it off with Virginia Roberts in the bath in 2001 – is relisted for £2.6 million just months after it sold for £1.75 million in April 2021; we share the first ever seen photos of that famous tub and ask: “Does its presence add value?”
    Finickity Facebook La Panza restaurant Riccardo Damiani

    Finickity Facebook Goes to War on Rustic Restaurateur

    Finickity ‘Angry People in Local Newspapers’ Facebook group members get it completely wrong in attacking a restaurateur fined for putting up a poster advertising work at his Italian in Bristol.

    Over a Million Views

    Omid Scobie Meghan Markle Duchess of Sussex Finding Freedom

    Who REALLY is Omid Scobie?

    An examination of the true character traits of the Duchess of Sussex’s PR peddling biased ‘bestie’ Omid Scobie by Nikolay Kalinin.
    Justice for James Scurlock – Power of social media proven after the senseless murder of James Scurlock in Omaha, Nebraska allegedly by a bar owner Jake Gardner who has been photographed with Donald Trump.

    Justice for James Scurlock

    Power of social media proven after senseless killing of James Scurlock in Omaha, Nebraska allegedly by a controversial bar owner named Jake Gardner who has been photographed with Donald Trump.
    Moron of the Moment – Prince Harry – With his marriage to the former Meghan Markle, Prince Harry has morphed into an utter bore.

    Moron of the Moment – Prince Harry

    With his marriage to the woman formerly known as Meghan Markle, Prince Harry has morphed into an utter bore   Prince Harry used to be a fun loving sort. He boozed, partied and enjoyed playing pranks. Now, having married ‘Murky Mucky Mendacious Meg,’ it seems those days are over.   Supposedly, according to...
    Omid Scobie Sadie Quinlan Yankee Wally

    Scobie Orf!

    ‘MeGain’s’ bestie Omid Scobie deservedly gets slammed by ‘Yankee Wally’ Sadie Quinlan for getting her shut down on Twitter; this childish chap should now just ‘belt up, wrap up and shut up.’
    A Massive Media Maelstrom – McCann, Mandelson and Maxwell – Matthew Steeples highlights how the ‘Mandelson Media Method’ is very much in play in both the case of the Prince Andrew-Jeffrey Epstein connection and the renewed interest in the Madeleine McCann disappearance.

    A Massive Media Maelstrom – McCann, Mandelson and Maxwell

    Matthew Steeples highlights how the ‘Mandelson Media Method’ is very much in play in both the case of the Prince Andrew-Jeffrey Epstein connection and the renewed interest in the Madeleine McCann disappearance.
    Plane Perverted – Name of 9-year-old on Jeffrey Epstein lap revealed – Previously unnamed 9-year-old child pictured on the lap of Jeffrey Epstein on his plane in ‘Daily Mail’ suggested to be daughter of billionaire Glenn Dubin.

    Plane Perverted

    EXCLUSIVE – Previously unnamed 9-year-old child pictured on the lap of Jeffrey Epstein on his plane in ‘Daily Mail’ suggested to be daughter of billionaire Glenn Dubin.

    Weather

    London
    clear sky
    3.4 ° C
    5 °
    1.4 °
    80 %
    4.1kmh
    8 %
    Thu
    5 °
    Fri
    6 °
    Sat
    6 °
    Sun
    7 °
    Mon
    7 °