Monaco must sell before July to avoid potential UEFA sanctions | OneFootball

According to L'Équipe, Monaco chief executive Thiago Scuro said on Wednesday the club must sell a player before July to avoid the risk of UEFA financial sanctions, not from the DNCG, after rules tightened on squad costs.

Supporters craving January recruits heard the opposite at Wout Faes' presentation, the defender arriving on loan from Leicester until the end of the season.

This comes despite Monaco banking more than €100m in sales last summer while spending under €15m. Their smooth DNCG review in early December is separate, because the two bodies assess different metrics.

UEFA’s framework, which has evolved since 2022, has three strands: no overdue payables, cumulative losses limited to €60m across the last three seasons, and a cap that wages, transfers and agent fees must not exceed 70% of revenue.

If annual income is €100m, eligible squad costs cannot top €70m, regardless of the owner’s wealth. By contrast, the DNCG can tolerate higher ratios if sufficient equity is provided.

Monaco’s income is heavily tied to domestic TV rights, which have slumped, while clubs such as Marseille generate more from stadium, sponsorship and commercial streams. Monaco have lost around €30m in domestic TV income over two years, the CVC deal ended last season and the squad cost ratio dropped from 90% to 70% in two years. Transfers are now almost the only short term way to lift revenue before the wage bill can be reduced in the summer.

Source: L'Équipe