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75% TAX: MONACO WILL ALSO BE HIT

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The information provided suggests that Monaco, a football club in Ligue 1, has been exempt from the 75% tax that the French government intends to apply to football clubs in Ligue 1 and Ligue 2. This exemption is due to the fact that Monaco’s headquarters are not based in France.

However, it appears that there may be changes on the horizon. An amendment to the 2014 draft budget, proposed by socialist rapporteur François Marc, was reportedly adopted by the Senate Finance Committee. This amendment aims to subject all professional sports clubs affiliated with a French federation to the 75% tax, irrespective of their location and nationality.

If this amendment is approved by the National Assembly, Monaco would no longer be spared from the tax, and this potential change might not be welcomed by the Russian president of AS Monaco.

The situation is part of a broader discussion and negotiation between the state and football players in French football regarding the 75% tax and any necessary adjustments. A meeting is scheduled to take place for this purpose, aiming to resume mediation and address the concerns surrounding the tax.

Ibrahim Sannie

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