V. Spanoulis has officially left his position as the head coach of the Monaco basketball team, facing challenges stemming from financial and management issues within the club. His absence was noted in the last two matches of the French championship and cup, raising concerns about the team's ability to perform effectively. The timing of his departure is particularly critical as Monaco is set to compete against Olympiakos on Thursday without their main strategist.

Spanoulis took over the coaching role on November 26, 2024, and during his first season, he remarkably led the team to the Euroleague final. However, despite a strong start, Monaco's performance has faltered dramatically, winning only once in their last eight games in Europe, which likely contributed to his decision to resign. The team is now at a precarious position, sharing the 9th-10th spot in the Euroleague standings, indicating a significant decline in their competitive edge.

With Sergejus Gladyr, a Ukrainian coach, stepping in as the interim head coach and Manučaras Markoišvilis as his assistant, Monaco faces a challenging period ahead. Their upcoming game against Olympiakos, a team that Spanoulis previously eliminated in the semifinals, will be a true test of the interim leadership's capabilities. Stakeholders in Monaco will be keenly watching this transition, hoping for a turnaround as the season progresses and the implications of Spanoulis' departure unfold.