Ligue 1: Prince Albert II confirms €25m contribution for renovation of the AS Monaco training centre

The Principality of Monaco will provide €25m for renovations at La Turbie, the training centre of AS Monaco (Ligue 1), confirmed Prince Albert II on 01/03/2015.

The Principality of Monaco, which owns the centre despite its location in France, announced in July 2014 that it will assume 50% of the costs to renovate the training center, estimated to be €50m, but the National Council of Monaco decided, during the 2014 budget amendment vote in November 2014, not to pay that amount.

"This matter will be resolved soon. The €25m will be allocated to the club for the work on the training centre," stated Prince Albert II to the French newspaper Journal du dimance on 01/03/2015.

AS Monaco has had a training centre in Monaco since 1981

• AS Monaco has used its training centre in La Turbie, a French town with a population of 3,000, since 1981.
  • La Turbie is located in the Alpes-Maritimes region of France, direct to the northwest of the Principality of Monaco.

"There was never any question that Mr. Rybolovlev would drop the club and leave the Principality" (Prince Albert II)

• "I do…