The latest court session addressing the financial status of “Monaco” concluded without issuing an immediate bankruptcy order. The club secured a €15 million funding injection from the government, which enabled them to settle operational costs and pay off outstanding liabilities.
The next hearing is scheduled for June 12th. The club has been granted a two-month period to see out the current season and devise a comprehensive, long-term plan, which must also address the question of the organization’s ownership structure.
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