Dmitry Rybolovlev could sell to AS Monaco. According to Les Ecos, the 57-year-old Russian businessman, who acquired a majority percentage of the Monegasque club in 2011, is now open to an option.
AS Monaco owner Dmitry Rybolovlev is the seller, according to newspaper Les Echos. An option that the businessman didn’t seem to have in mind, until “unsolicited interest” came along.
“Following the receipt of unwanted interest, AS Monaco’s majority shareholder has decided to begin the process of exploring strategic options for its participation in the club. The majority shareholder has appealed to the services of Reign Group which will act as exclusive financial advisor. This matter. Following this strategic review involving the club No guarantees are given regarding the conclusion of the transaction, and, for the moment, we do not count on making any further comments on this topic,” Dmitry Rybolovlev’s spokesman told the business daily.
L’Equipe confirms that the bank has already been mandated to study the market and potential windfall opportunities, although the Monegasque club declined to comment. The billionaire acquired the majority of AS Monaco in 2011 with a 66% stake, thus becoming the majority shareholder.
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