AMSTERDAM (AP) — Ajax's calamitous season worsened when the Amsterdam club suspended new CEO Alex Kroes on Tuesday and said it intends to fire him on...
AMSTERDAM — Ajax's calamitous season worsened when the Amsterdam club suspended new CEO Alex Kroes on Tuesday and said it intends to fire him on suspicion of insider trading in the club's shares.
The club has risen to fifth in the Eredivisie but 28 points behind runaway leader PSV Eindhoven, and is looking to hire a new coach for next season.“We are deeply dismayed that this has occurred at Ajax, as it is highly detrimental to the club and everyone who holds it dear to them," Michael van Praag, chairman of the supervisory board, said in a statement.
Kroes confirmed in his statement that he bought about 17,500 Ajax shares shortly before his appointment in addition to more shares he already held in the club.
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