AS Monaco is for sale

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By: Manu Tournoux

At the helm of ASM since 2011, Dmitry Rybolovlev is considering selling the Principality club.

Majority shareholder of AS Monaco since December 23, 2011, at 66%, Dimitri Rybolovlev has taken the first steps to sell his shares.

A bank has already been mandated to study market opportunities, and in particular a “ unsolicited interest » freshly issued.

Following the receipt of unsolicited interest, the majority shareholder of AS Monaco has decided to initiate a procedure to explore strategic alternatives for its participation in the club. The majority shareholder has used the services of the Raine Group which will act as exclusive financial advisor in this matter. », Confirms this Sunday with Les Echos the spokesperson for Dmitry Rybolovlev.

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. », Adds the communicator in his interview with the economic daily.