Tax-free Monaco embraced after club’s $68 million payment keeps it in French soccer

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After conflict between Monaco and the rest of French soccer left the top tier’s seven-time champions on the brink of explosion from their league, the club and the Ligue de Football Professionel reached an agreement on Friday that will allow Ligue 1’s second place team to stay in the French league. Whereas AS Monaco were on the brink of being excluded from next season’s competition because of a new rule targeting their tax-exempt status, the club will now pay an expensive, one-time fee to maintain their place in le Championnat.

“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,” the league said in a Friday statement, “and will withdraw their plea to the Council of State.”

Monaco, having spent lavishly since Russian businessman Dmitry Rybolovlev bought the club in Dec. 2011, pays $68.4 million to stay in the league, a status the club has enjoyed since 1933. With tax rates against high incomes climbing in France, the remainder of the French league had grown tired of Monaco’s competitive advantage, the club based in a tax-free principality that operates independent of French law. That advantage has helped lure like likes of Radamel Falcao, João Moutinho, and James Rodríguez to the club, with Rybolovlev’s team alleviated of paying the personal income tax that is customarily covered by French clubs.

source: AP
Dmitry Rybolovlev purchased AS Monaco in 2011 as the club embarked on their two-year stint in the second division. His spending has vaulted them back into Ligue 1 and into a UEFA Champions League spot. (Photo: AP.)

In response to Rybolovlev’s spending, the LFP had adopted a rule that, effective next season, would exclude all clubs whose offices were not located in France. Monaco was pursuing a resolution through the French courts before Friday’s resolution, one that Rybolovlev touted on the club’s website:

“From the beginning we wanted to find an intelligent solution which would work for both sides, within a favourable climate for negotiations.

The AS Monaco FC project can help raise the level of French football and it is good that this has been understood.”

The idea that teams like Monaco and Paris Saint-Germain can help raise Ligue 1’s level underscored the early acquiescence to PSG’s rise. Part of the theory was revenues PSG would raise (or, merely inject) money into the rest of the first division either through player purchases or by raising the league’s commercial profile.

Based in the French capital, PSG is subject to the same taxation as 18 other clubs in Ligue 1. Monaco, however, doesn’t have to endure the same tax on Falcao as PSG’s paying for Zlatan Ibrahimovic. Where it’s customary to have agents negotiate such that clubs are responsible for players’ income taxes, Monaco faces a significant edge when accounting for their high-end talents.

Thanks to Friday’s $68.4 million settlement, that edge gets preserved in perpetuity. From the club’s statement announcing the agreement:

By paying a single, lump-sum, voluntary contribution of EUR 50 million, payable in installments, AS Monaco FC is demonstrating its commitment to French football and will be able to continue to pursue its project for the benefit of all stakeholders.

The shared history between French football and one of its most faithful representatives has made it possible to find an agreement that will put an end to their legal dispute, with an undertaking from both sides that this agreement cannot be challenged later.

If the point of pursuing Monaco was restoring competitive advantage, it’s unclear this agreement makes sense. The $68.4 million fee Monaco’s paying represents only a few years’ taxes on their players. In the big picture, this isn’t something that’s going to inhibit Monaco from taking advantage of their slanted playing field.

In accepting this solution, the LFP’s agreeing with Rybolovlev, even if their statement touted the need for “equality and balance.” Having settled for such a small payment, the deal does little to achieve those ends. Though it may have symbolic value in getting Monaco to acknowledge their advantage, it won’t inhibit players from moving to the club. It won’t deter Rybolovlev from growing his team. It won’t stop Monaco from exploiting their advantage on the rest of their league.

But Ultimately, it does them no good to kick out Monaco. Perhaps France would have a more equitable competition, but they’d have it at the expense of their commercial growth, something that can’t be taken lightly for a circuit that continues to attract some of the world’s best talent. With clubs like PSG and Monaco in the league, Ligue 1‘s profile could eventually challenge that of the Serie A and Bundesliga. When that challenge translates into revenues, the rest of le Championnat‘s clubs may be better off.

At least, that the end game the LFP are hoping to see. Whether that transpires, only time will tell. After Friday’s agreement, however, the experiment is set to run its course. The LFP has signed off on Monaco’s competitive advantage, accepting a large if token payment in the process. Now Monaco has to make good on their promise.

Puksas Award finalists: Somehow absent is USWNT’s Carli Lloyd

Carli Lloyd, USWNT
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FIFA announced on Monday its three-man list of finalists for the 2015 Puskas Award, handed out each year to the player who scored the “most beautiful” goal of the past calendar year.

[ MORE: 2015 Ballon d’Or finalists ]

The three men up for this year’s honor are Alessandro Florenzi (WATCH HERE), Lionel Messi (WATCH HERE) and Wendell Lira (WATCH HERE) — all scorers of fantastically beautiful goals this year.

That means Carli Lloyd, who made the original list of nominees before being whittled down to just three, is shockingly tragically scandalously criminally not a finalist for this year’s award. Reminder: This is the goal we’re talking about.

[ MORE: Timbers reach first MLS Cup | Crew SC to host MLS Cup 2015 ]

So, here’s the case for Lloyd:

  • She scored from midfield
  • She scored the winner from midfield in a World Cup final
  • She scored the winner from midfield in a World Cup final to complete a hat trick
  • She scored the winner from midfield in a World Cup final to complete a hat trick in the 16th minute

How in the world is Carli Lloyd’s midfield goal to complete a 16-minute hat trick and win a World Cup final not a top-three goal of the year? You got some (more) explaining to do, FIFA.

Beckham group abandons latest plans for Miami MLS stadium

David Beckham
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All signs seemed to point toward an all-too-familiar outcome for the David Beckham-led investment group hoping to bring a Major League Soccer franchise to the city of Miami: another failed plan in their bid to build a brand new stadium.

[ FOLLOW: All of PST’s MLS coverage ]

Earlier this month, newly-joined all-world sports executive Tim Leiweke warned that groups or individuals currently owning the various parcels of land surrounding the Miami Marlins’ baseball stadium, the latest site Miami Beckham United (MBU) had chosen, were making “unrealistic” demands and threatened to derail the project at that location.

Today, it’s been reported across South Florida that the group has altogether abandoned plans to build their stadium at that particular site. Miami city commissioner Francis Suarez confirmed that MBU were “moving in a different direction” — quotes from Local 10 News:

“It’s going to be withdrawn from the next agenda because the Beckham group has not acquired the private properties that are needed to construct the stadium on that site.”

“The residents expect us to hold these teams to the fire,” Suarez said. “A lot of times they’re financed by wealthy people and they want some sort of a public subsidy, which is very controversial as well, which is why we were going to take it to referendum.”

[ MORE: Timbers reach first MLS Cup | Crew SC to host MLS Cup 2015 ]

On Sunday, during halftime of the league’s Eastern Conference final, MLS commissioner Don Garber was asked about the Miami stadium situation, to which he responded, “We think Miami will be a great market. We found a reasonably good site. I’m confident that we’ll get something done there.”

MBU is reportedly being held to something of a deadline by the MLS board of governors, which meets every year ahead of MLS Cup, with this weekend’s sit-down thought of as a target date to have something concrete going forward. Meanwhile, Sacramento Republic FC, an MLS expansion hopeful currently playing in the USL (third division), announced last week they would be moving forward with building their brand new MLS-sized stadium, expansion bid or not.

“Goal” writer pitching a Jamie Vardy movie: But who would play Kaspar Schmeichel?

Jamie Vardy, Leicester City FC
AP Photo/Rui Vieira
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There are certainly already some comparisons between new Premier League record holder Jamie Vardy and fictional Santiago Munez from the “Goal!” movies.

But that isn’t going to stop “Goal” screenwriter Adrian Butchart from heading to Tinseltown and pitching the Vardy story as a basis for a new film, according to The Sun.

[ PL PLAYBACK: Vardy Party, and Costa out at Chelsea? ]

And he’s got a who’s who of young actors in mind for the role of Vardy.

From The Sun:

Butchart believes Hollywood A-listers Robert Pattinson, Andrew Garfield and Zac Efron all have potential to fill Vardy’s boots in a film version of his life.

Unfortunately, they don’t ask Butchart who should play Claudio Ranieri, or Ruud van Nistelrooy.

Fortunately, we’re here with our cast (The first one is easy):

Aaron Paul as Vardy.

Robert Downey, Jr. as Van Nistelrooy.

James Franco as Riyad Mahrez.

Tommy Lee Jones as Ranieri.

Ryan Gosling as Kaspar Schmeichel.

Liam Neeson as Nigel Pearson.

And Danny Drinkwater as himself.

Report says Impact will add 96-times capped Ivorian defender

Monaco's Bulgarian forward Dimitar Berbatov (L) challenges Montpellier's Ivorian defender Siaka Tiene (R) during the French L1 football match between Montpellier and Monaco at the Mosson stadium in Montpellier on September 24, 2014.   AFP PHOTO / BORIS HORVAT        (Photo credit should read BORIS HORVAT/AFP/Getty Images)
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The Eastern Conference’s second-stingiest team is looking to enhance its already-strong back line.

Joining MLS Best XI defender Laurent Ciman could be Siaka Tiene, a longtime international teammate of Didier Drogba on the Ivory Coast squad.

[ MORE: Timbers hold off Dallas | Crew advances past RBNY ]

The 96-times capped Tiene will be 34 when next season starts, but will have fresh legs having not played since last season ended for Montpellier. does the translation work for us:

A report from states that the Impact have signed 33-year-old left back Siaka Tiéné, an Ivory Coast international who boasts World Cup and African Cup of Nations experience.

Aside from Ciman, Ambroise Oyongo is the only Impact back currently under contract.

Tiene played relatively well last season, but was limited to just 17 appearances in Ligue 1.