Back to the Soccer Newsfeed

Monaco Owner Dmitry Rybolovlev Arrested Over Corruption, Bribery Allegations

Dmitry Rybolovlev, the owner of AS Monaco, was taken into police custody on Tuesday, the result of a probe into suspicions regarding bribery and corruption, according to reports.

The Ligue 1 club were one of the football outfits implicated in the damning Der Spiegel reports, with claims the owner attempted to circumvent Financial Fair Play (FFP) rules by using a bogus marketing deal to inject more funds into the club after Monaco incurred losses.

The report claims that the club agreed to a 10-year deal with Swiss-based marketing firm AIM four years ago that would see them earn more than £120m a season - a sum 10 times more than they had raked in the term prior.