Why Dimitri Rybolovlev wants to sell AS Monaco

As revealed yesterday by the newspaper Les Échos, Dimitri Rybolovlev, 66% owner of AS Monaco since 2011, is ready to sell his shares and let go of a club that he had led to the title of champion of France in 2017. This information was confirmed yesterday to L’Équipe by the entourage of the Russian billionaire, aged 57, while his spokesperson sent us the following press release: “Following 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. 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. »

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