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Roca make comeback win against Reims

by: Luke Entwistle
06/12/2021

AS Monaco basketball ended a four-game losing streak on Saturday, overcoming a three-point deficit going into the final quarter to beat Reims 90-83 at the Salle Gaston Médecin.
The win consolidates AS Monaco’s second place in the Betclic Elite division, having won seven matches this season. Only Boulogne have won more with nine. The Principality side also carry a game in hand, which could allow them to close the gap to top spot even further.
Having lost out in the previous two fixtures in the final quarter, this time it was Monaco’s turn to have a late rally and take home the spoils, and this is testament to their resilient mentality. The game was ultimately won from Reims’ ill-discipline, having conceded 30 free throws, more than double what Monaco conceded, it was only the Principality side’s wastefulness from the free-throw line that prevented the scoreline looking more emphatic – the profligacy likely a vestige of the side’s recent poor run of form.
Donatas Motiejunas helped Monaco to a strong start, nailing a three pointer, whilst also doing well to manufacture space within the key to secure a field goal. Having raced into a commanding 17-9 during the first quarter, Monaco’s defensive deficiencies were once again exposed as Reims closed the gap to trail by just four at the buzzer.
Monaco, seeking to extend their advantage, were thankful for a piece of Paris Lee magic early in the second quarter, as the American carried the ball the length of the court, before dispatching a three-pointer, getting fouled in the process. This score provoked a comeback as Reims’, with their superior accuracy from outside the key, converted a series of three-pointers, the Monaco defence once again found wanting.
Monaco therefore went into half-time with a slender lead, but this was soon overcome; the Principality side couldn’t contain Reims’ penetrating runs, whilst they also failed to compress the space outside the key.
Monaco therefore found themselves in an all too familiar position going into the final quarter, with the match finely in the balance. In recent times, the Roca side have folded in such situations, but this time they rose to the challenge. Lee, a constant threat, got the quarter off to a great start with a three-pointer. He was backed up by Rob Gray, Monaco’s top scorer on the day with 18, who was chipping in with frequent field goals.
It was, however, Lee who stole the show in the fourth quarter and dragged his team over the line to bring a four-game losing streak to a welcome end.

Monaco’s coach Zvezdan Mitrovic, although far from overwhelmingly pleased with the performance, was nonetheless happy to have secured the victory, saying after the game: “The only thing to take from this match is the victory, and that’s the most important thing, as well as bringing an end to the losing run!”
Mitrovic will be hoping that his side have gained confidence from the win, and that they can take that confidence into what is an extremely packed December schedule. Next up – Lyon at the Salle Gaston Médecin on Tuesday evening.

Video: Karl Lagerfeld estate auction

by: Cassandra Tanti
03/12/2021

Inside One Monte-Carlo, the story of legendary designer Karl Lagerfeld unfolded in a display of his personal possessions, ahead of the highly anticipated estate auction on the weekend. We spoke to Pierre Mothes, lead auctioneer and Vice President of Sotheby’s France.

 

The in person auction started Friday night followed by four sessions throughout the weekend, while bidding in the online auction closes Monday morning.

The auction is estimated to fetch between 2-3 million euros, although the end result is expected to be much higher.

 

SEE ALSO: 

Karl Lagerfield auction: Treasured momentos of a discerning collector

KARL LAGERFELD FANS BATTLE IT OUT IN “EXPLOSIVE” MONACO AUCTION

 

Gogo shows it’s never too late to learn

by: Stephanie Horsman
03/12/2021

To celebrate the International Convention on the Rights of the Child, Prince Jacques and Princess Gabriella joined their father Prince Albert and aunt Princess Caroline for the screening of a film showing that one is never too old to learn nor too old to fight for what is right.   

Gogo, which means grandmother in Swahili, is an unlikely heroine. This 94-year-old Kenyan, living in the heart of the Rift Valley, plucked up the courage at the ripe old age of 90 to enter primary school and receive the education she was denied as a child.

Gogo’s wish to gain an education, thus making her the oldest schoolgirl in the world, set an example for her village to fight against the forced marriages that are still prevalent in her homeland, as well as to pave the way for all girls who have long been denied access to proper schooling.

On her scholastic journey, she is encouraged by her 54 great-grandchildren, her teachers and the entire school, making her a sort of mascot, whilst she quietly pursues her studies.

Photo by Manuel Vitali, Government Communication Department

Her inspiring story led to the making of a documentary film directed by Pascal Plisson entitled Gogo. The film was screened on 29th November at the Salle des Princes at the Grimaldi Forum as part of the International Convention on the Rights of the Child celebrations, which were attended by Prince Albert II, Princess Caroline of Hanover, the princely twins and several other local personalities.

Priscilla Sitieni, aka Gogo, and her great-granddaughter joined Plisson for the event which was held to raise awareness, as well as much-needed funds, for children whose rights are violated on a daily basis. The film was the grand finale of a day which started in the afternoon with various activities, workshops and food stands. Additionally, many solidarity actions were carried out by the students of Monaco in their own classrooms.

The funds collected will contribute to the continuation of the interventions of the Department of National Education of Youth and Sports (DENJS) so that students from here and elsewhere can grow up and learn in favourable conditions.

The International Convention on the Rights of the Child is marked every year in the Principality and was created by the UN General Assembly on 20th November 1989.

 

 
Photo by Manuel Vitali, Government Communication Department
 
 

F1’s Lando Norris reveals move to Monaco

by: Luke Entwistle
02/12/2021

McLaren’s British driver Lando Norris on Wednesday announced his move to Monaco, joining other racing greats including Lewis Hamilton, Max Verstappen and Daniel Ricciardo in becoming residents of the Principality.
The 22-year-old British driver, who currently lives in Guildford, Surrey, shared the news on Twitter, releasing a photo of his new apartment in the Principality.
Having had a successful break-through season at McLaren, he says he feels that now is the time to join his fellow F1 drivers, and team-mate Daniel Ricciardo, in making the move to Monaco. “I currently feel that I’m in a comfortable position to make this decision, and take the time to move there,” he told
As host to the most iconic event on the motorsport calendar, it is no surprise that F1 drivers are lured to the Principality. Norris, however, says that leaving England behind wasn’t an easy decision: “I love England. It probably remains my favourite place, my friends and family are there,” Norris told Motorsport.com. “I think on numerous occasions I’ve said that, for me, taking pleasure, especially in what I do, is a priority with this sort of decision. It therefore isn’t an easy decision.”
Norris didn’t shy away from the fact that his move is, at least in part, financially motivated given Monaco’s low tax rates, citing the volatility of an F1 driver’s career. “It’s something that obviously a lot of drivers go to do and especially, with how racing is, I think we’ve seen for other drivers how quickly things can also go downhill.”


It is this that leaves Norris thinking about his life post-racing: “I have to look after my things for my future… of course, I understand that there’s going to be some criticism, but people do many things in life for money.”
Norris revealed that he will be receiving the keys to the apartment next month, stating, “I am really excited for this next chapter.”
Before that, the new Monaco resident has a fight on his hands to maintain fifth place in the F1 drivers’ standings, with only one point separating the Briton from Monegasque driver Charles Leclerc, with only two races to go.
The penultimate race of the season takes place in Jeddah, Saudi Arabia this weekend, where both Leclerc and Norris will be hoping to secure a positive result.
 
 
Photo source: Lando Norris Twitter
 
 
 

MAM to merge with Swiss company

by: Stephanie Horsman
02/12/2021

Monaco Asset Management has signed a deal with Swiss-based wealth management company Chenton and agreed that within four years, the two companies will be operating jointly.

The deal between Monaco Asset Management (MAM) and Switzerland’s Chenton SA was signed on 15thNovember. The two companies will now begin the merging process, becoming integrated completely within four years.

“MAM and Chenton share a very similar business model, focused on European based UHNWI,” said Anthony Stent-Torriani, Founder and CEO of MAM. “Chenton SA, led by its Founder Alexander Jurgens, fits perfectly in our model.”

Monaco Asset Management has been in business since 1999 and is an independent wealth management company for private and institutional clients. It specialises in discretionary and advisory management and is “free from conflicts of interest.”

Chenton, known for having a conservative approach to investments, has been in operation since 2000 and manages the portfolios of a select group of UHNWI’s.

“Chenton’s integrity and focus on European clients have been its success for more than 20 years,” said Alexander Jurgens, CEO of Chenton. “Joining forces with the MAM team will broaden our investment capabilities and will further strengthen our mutual businesses.”

Gian Luca Braggiotti, Chairman of the Board of MAM added, “For more than 20 years, MAM has been a reference in Monaco for Wealth Management thanks to its competences and ethics. With the participation in Chenton SA, we have become a visible European player.”

 

 

ASM transfer round-up: Tchouaméni, Sidibé, Aktürkoglu

by: Luke Entwistle
02/12/2021

In our latest Monaco transfer round-up, we reveal the latest rumours surrounding the future of the much-coveted Aurélien Tchouaméni, the rumoured surprise departure of Djibril Sidibé, and the potential arrival of a Turkish star.
Aurélien Tchouameni – linked by Tuttosport, Fabrizio Romano to Chelsea. The first edition of the Transfer round-up by Monaco Life revealed Chelsea’s interest in Monaco’s French international midfielder Tchouaméni. Tuttosport, who initially revealed the London club’s interest, are now reporting that a bid, rumoured to be around £50 million, has been launched to secure his signature ahead of a handful of rivals. Fabrizio Romano, a football transfer window journalist, revealed on Tuesday via his ‘Here We Go’ podcast, that Chelsea are now the leading contenders to sign the Frenchman. He added that Manchester United have since dropped out of the race, as their interest declined when it became obvious of Chelsea’s strong desire to sign the player.
It is unclear as to whether AS Monaco would sanction Tchouaméni’s exit in January, or whether this is a story that could potentially rumble-on until the summer. Either way, Tchouaméni’s exit does look like an inevitability, as it is the club’s model to sell young, exciting players at a hefty profit. For Monaco’s sake, they will be hoping that interest from around the continent manifests itself in material bids, thus allowing the Principality side to receive an elevated transfer fee.
Djibril Sidibé – linked by Sport to Barcelona. Another player rumoured to be heading for the exit door is French international and Monaco right wing-back Djibril Sidibé, whose contract expires in the summer. Rumours of Spanish giants Barcelona’s interest comes as a surprise, especially given their recent acquisition of Dani Alves, who would play in the same position. However, with Sidibé’s contract running down, the possibility of signing him as a free agent clearly interests the Catalan side. Sidibé has actually been a long-term target for Barcelona, as they attempted to sign the French international in 2017.
Benoit Badiashile – linked by Gazzetta dello Sport to AC Milan. Under-21 French international Badiashile, having already been previously linked with a move to Tottenham (as revealed in our last edition of the transfer round-up), is now attracting interest from Italy. According to Gazzetta dello Sport, Badiashile features on a shortlist of centre-back targets for AC Milan, and although this doesn’t necessarily mean that they will make a move for the player, it is clear that they are admirers.
Kerem Aktürkoglu – linked by Sabah Sport to AS Monaco. The 23-year-old Turkish winger Aktürkogu, valued by his club Galatasaray, at €25 million is a potential target for Nico Kovac’s side. If they are to obtain his signature however, they will have to fend off considerable competition, with interest being shown around Europe, particularly from Olympique Marseille. The Turkish international has already registered three goals in an impressive start to the season.
 
 
Photo of Djibril Sidibé, source AS Monaco football club