Monaco have paid 50m euros (£41.5m) to the French league to end - TopicsExpress



          

Monaco have paid 50m euros (£41.5m) to the French league to end a dispute that could have seen the Ligue 1 club forced to move to France for tax reasons. The club are based in a tax-free country where the players get to keep their whole salaries, while in France clubs are liable for a 75% tax on salaries exceeding 1m euros (£830,000). Monaco were threatened with suspension if they did not relocate. However, it appears the issue has been resolved with the French league.
Posted on: Fri, 24 Jan 2014 21:14:20 +0000

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