Jamal Mashburn et des investisseurs américains en passe de reprendre l'AS Monaco

Jamal Mashburn, a 53-year-old former NBA player (1993-2004) who transitioned into business after a career-ending knee injury, is reportedly leading a group of American investors in a potential acquisition of the AS Monaco basketball club. Mashburn had previously been involved in an unsuccessful bid to take over Élan Béarnais Pau-Lacq-Orthez in 2021, alongside figures like Rick Pitino and Stu Jackson, through the American fund CounterPointe Sports Group.

The American investors are expected to inject approximately 10 million euros into the club. This financial infusion is seen as crucial for AS Monaco, which is currently facing financial difficulties and has reportedly begun settling debts with service providers, including the sports agency BeoBasket. The club is said to be re-entering the transfer market.

The club's economic situation is described as urgent, as it awaits a decision from the FFBB's appeals commission on July 24th regarding its status in the French professional championship.

English Translation:

Jamal Mashburn, 53, played in the NBA from 1993 to 2004 before suffering a severe knee injury, after which he became a businessman. 'Monster Mash' had participated in 2021 in the project to take over Élan Béarnais Pau-Lacq-Orthez, notably alongside Rick Pitino and Stu Jackson, through the American fund CounterPointe Sports Group, but the deal ultimately fell through. The American investors reportedly plan to inject around 10 million euros.

While its players are scattering, according to Nice Matin, AS Monaco has begun to settle its debts with service providers, including the sports agency BeoBasket, and is said to be back on the transfer market.

The regularization of the financial situation of the Principality's club is urgent. It must appear before the FFBB's appeals commission on July 24th, which will decide on its maintenance or not in the French professional championship.