'Bombshell': Ajax suspend CEO over 'insider trading' allegations

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Alex Kroes said he would not accept the decision and regretted the damage it was causing to the club.

AJAX HAVE SUSPENDED their 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,” the club said in a statement. “The misery at Ajax continues and cannot be stopped… It is almost impossible to comprehend,” the association said in a blog post.

 

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