It is a tough week for basketball fans, as the AS Monaco Basket team has officially filed for bankruptcy.
- The team, a three-time French champion, announced the filing on Wednesday.
- This news comes shortly after their impressive run as EuroLeague runners-up in 2025.
- Despite the financial struggle, the club says they are actively working on a path toward restructuring.
The organization shared a statement on social media expressing hope that they can find a way to navigate these challenges and keep the team going.