As part of this legal action, ASM FC will be seeking the annulment of the LFP's [French League's] decision of 21 March requiring the club to establish its headquarters in France, as well as a claim for damages from the LFP as compensation for financial and commercial losses suffered as a result of that decision.A major cause for the action is the proposed 75% income tax rate on high earners, a regulation that would put Monaco at a major advantage compared to their French league rivals when it comes to the overall cost of their players' wage packets - if they remain based outside France.Former Chelsea manager Claudio Ranieri's side currently top the French second division, but missed the opportunity to end a two-year absence from Ligue 1 this weekend when they were defeated by Caen.They have further been linked with making big-money summer moves for star names such as Chelsea midfielder Frank Lampard, as well as Manchester City pair Samir Nasri and Carlos Tevez.They lead second-placed Nantes, who have a game in hand, by five points, but will clinch one of the three promotion places if they beat Nimes next Saturday, regardless of other results.In regards to the demand to pay 200 million euros, Monaco said French federation president Noel Le Graet "acting on behalf of both the FFF and the LFP" made the offer at a meeting in Paris last Friday between himself and Rybolovlev.Monaco's dispute with the French footballing authorities came after they were ordered to relocate by the start of June 2014. If they made the switch, the club would be liable to pay tax in France.
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