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ESPN FC  By ESPN staff

Monaco cool interest in Beckham

Ambitious Monaco have decided against reinforcing their promotion bid with David Beckham after failing to meet the ex-England captain’s financial demands, French media are reporting.

Monaco, who reached the Champions League finalists in 2004 but were relegated from the French top flight in 2011, are currently a point behind Ligue 2 leaders Nantes at the midway point in the season.

Claudio Ranieri was thought to be keen to add Beckham to his squad in a bid to boost the principality club's hopes of a return to Ligue 1 and Monaco executive general director Tor-Kristian Karlsen travelled to the USA shortly before the end of the former Manchester United and Real Madrid star's contract with LA Galaxy in early December.

However, despite the backing of Russian billionaire owner Dimitry Rybolovlev, Monaco have not been able to convince Beckham that the Stade Louis II should be the final port of call of his career, with L’Equipe claiming the club could not match his demands.

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