Facilities

Monaco To Build €55M 'Centre For Sporting Excellence'

1.18.2019

Ligue 1 side Monaco is investing in a new "Centre for Sporting Excellence" featuring three football pitches, as well as a fitness and medical center, according to Julien Pretot of REUTERS. The cost of the center is estimated at €55M ($62.7M) and it is expected to be open by the '20-21 season. Club President Dmitry Rybolovlev said that the "premium boxes" at the club’s Louis II Stadium would be renovated and a dormitory for the youth academy players would be built. He said, "We have already invested €335M ($382M) in ASM, and the club has started to make profits, which it is now able to reinvest in further development. Rumors about a potential change of ownership at the club have been repeatedly denied. I believe that the projects presented today speak best about our long-term commitment to ASM" (REUTERS, 1/16).

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