Weather
Monte-Carlo, MC
broken clouds
8.1 ° C
12 °
-1.1 °
76%
4.6kmh
75%
Tue
14 °
Wed
12 °
Thu
13 °
Fri
12 °
Sat
12 °
Breaking News

Makeover of Casino Square to dramatically change the look of Monte Carlo

AS Monaco looks to youth

AS Monaco looks to youth

By Staff Writer - February 16, 2017

Cercle Bruge
Monaco’s football club is looking north for a new partnership, by offering to buy a majority stake in the historic club of Belgian football, Cercle Brugge, to benefit from the Belgian school of youth development.

The second-tier Belgian outfit has caught the eye of Monaco – currently top of France’s Ligue 1 – as the club looks to the future.

“AS Monaco FC wishes to announce that it has made a purchase offer … to acquire a majority stake in the club Cercle Brugge KSV,” AS Monaco said in a statement.

Adding that the endeavour will provide an additional stage in the development of young players from the AS Monaco Academy, between the reserve team (in the CFA division) and AS Monaco first team, Monaco also claimed, “The primary objective will be to achieve promotion to the Belgian first division.”

Cercle Brugge were relegated last season and need outside investment to maximise its chances of returning to the top flight.

“It is an open secret that healthy business in First Division B of professional football in Belgium is not easy, partly due to the limited revenue from television fees and the limited media attention and by the high operational costs,” the announcement also said.

This venture is part of AS Monaco’s strategy for developing young talent and a general meeting of Cercle Brugge’s shareholders will take a decision by the end of February.

 

READ ALSO

Sporting win for Monaco at UN

READ ALSO

Monaco school visit nets big success

shares
SHARE
Previous articleThe leader of the pack
Next articleEFG Bank Monaco pushed into second

daily

January 27, 2020 | Local News

Council honours new police cadets

Cassandra Tanti

The National Assembly has welcomed the latest graduates to the Principality’s Police Force.

0
Stephanie Horsman

An incredible 12-month time lapse video showing the creation of Monaco’s mammoth land extension project has just been released.

0
January 16, 2020 | Local News

There’s a new bailiff in town

Stephanie Horsman

Monaco has a new bailiff, or huissier as known locally, who was sworn in earlier this week.

0
January 14, 2020 | Local News

Monaco crime rates continue to fall

Stephanie Horsman

General crime rates in the Principality dropped by a significant 16% between the years 2016 and 2019, and street crime by an impressive 52%.

0