Ajax announced on Tuesday they were suspending CEO and chairman Alex Kroes on suspicion of insider trading, piling more woe on the Dutch giants who have endured a horror season.
"The Supervisory Board sought external legal advice, which indicates that he likely engaged in insider trading. Insider trading is aThe club's supporters' association said the news came as a"bombshell" to already suffering fans. Kroes himself admitted it was"not the wisest decision" but said he had intended to send a"positive signal to radiate confidence in the club".The latest developments are yet another distraction for Ajax, which suffered the worst-ever start to a Dutch top flight season, briefly propping up the Eredivisie table, with fans' frustration boiling over into violence.