AS Monaco Basket is expected to enter liquidation proceedings this Friday, according to recent reports. The club has been denied approval by several key French sports authorities, including the LNB (National Basketball League), the FFBB (French Basketball Federation), and the CNOSF (National Olympic and Sports Committee of France). This has left the club without a competitive structure for the upcoming season. The decision to move forward with liquidation follows the confirmation that AS Monaco will not be competing in the NM1, the top-tier French basketball league. The club's proposed budget of 7.5 million euros was considered too high by the Federal Office, as it was at least six times greater than the average budget for third division clubs in the 2024/25 season. In an effort to find an alternative path, the club had explored joining the Adriatic League, with the possibility of competing in ABA 2 for the 2026/27 season. ABA officials had proposed an agreement, but the Monaco government rejected it, aiming to preserve good relations with France. Despite this potential option, the club has no current activity or funding, making it nearly impossible to avoid liquidation during a hearing scheduled for this Friday before the First Instance Court of the Principality. AS Monaco Basket had previously hoped for financial support from a potential new investor, Swiss Montana, which had promised 1.5 million euros to replenish the club's funds and a 10 million euro budget for the season. However, Swiss Montana has withdrawn its support, leaving the club without the necessary financial backing. This development has been described as a final blow to the club, which had enjoyed a successful 2024 season, winning the French Cup, the league title, the Leaders Cup, and the SuperCup, and reaching the final of the Euroleague in 2025.