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Statement on Monaco agreement

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The LFP have confirmed that an agreement has been reached with AS Monaco FC that will allow the club to continue playing in Ligue 1 without moving their headquarters to France for tax purposes.

A statement released by the LFP said: "The LFP and AS Monaco have signed an agreement protocol that definitively ends the dispute between them ongoing for more than a year.

"Under the terms of the protocol, AS Monaco are definitively allowed to participate in the professional French championship while conserving their headquarters in the principality of Monaco.

"Out of concern for the equality and balance of the competition, AS Monaco are committed to paying a voluntary, fixed and definitive sum of €50 million to the LFP and will withdraw their plea to the Council of State. Both parties are pleased with the agreement reached."

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