Sport World

Ajax CEO arrested

The Ajax Amsterdam club’s board of directors revealed in a statement that it had suspended the new CEO, Alex Kroos, from work immediately on suspicion of his involvement in insider trading of the club’s shares.

The board of directors said that it had learned that Kroos had bought more than 17,000 shares in Ajax a week before the announcement of his planned appointment on August 2, 2023.

The board of directors stated in the statement: “External legal advice indicates that he is likely involved in insider stock trading.”

Cross could not immediately be reached for comment. He told Dutch news agency ANB that he would seek a ruling from the Dutch financial supervisory authority, which oversees stock trading, on his acquisitions.
Kroos’ suspension is another development in an already exciting season for the team that holds the record for winning the Dutch League title, after the technical director and coach were sacked just a few months after their appointment, leaving the team to find itself in a short period of time at the bottom of the Dutch League standings for the first time ever.

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