Monaco have denied claims that they tried to bypass UEFA's Financial Fair Play (FFP) rules by agreeing to enter a partnership to generate revenues from an offshore firm registered in Hong Kong. Documents released on Monday by French investigative website Mediapart, part of the Football Leaks investigation, also indicated that European football's governing body was prepared to overlook the deal in 2014 to avoid Monaco being harshly punished.

Monaco said in a statement: "The club firmly denies having bypassed Financial Fair Play through a contract with a marketing agency, contrary to false claims published by French and European media." Monaco qualified for the Champions League in 2014 after finishing second in Ligue 1, and were looking for new revenue streams that would enable them to comply with FFP.