Weather
21 ° C
21°C
15°C
Breaking News

6 new cases of Covid-19 on 24 Sept. in Monaco brings total to 205: 10 hospitalised - 6 residents, 23 home monitored, 166 healed, 1 resident death

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

September 25, 2020 | Lifestyle & Wellbeing

Covid-positive woman dies of other causes in Monaco

Cassandra Tanti

An elderly woman suffering from comorbidities including Covid-19 has died in hospital in Monaco.

0
September 25, 2020 | Lifestyle & Wellbeing

Tourism in Monaco “less gloomy” than predicted

Cassandra Tanti

The summer tourist season was better than expected thanks to the loyalty of French, Swiss and Italian visitors, according to the latest figures by the Tourism and Congress Department.  

0
September 25, 2020 | Lifestyle & Wellbeing

Inside Monaco’s major development sites

Cassandra Tanti

Minister of State Pierre Dartout has toured the main construction sites of the Principality, taking stock of the major developments that are currently under way.

0
September 24, 2020 | Lifestyle & Wellbeing

Nice and Marseille hit with new restrictions

Stephanie Horsman

French Health Minister Olivier Véran has announced plans to step up the fight against a second wave of Covid, placing new temporary restrictions on Nice and Marseille.

0