Ajax Football Club to Fire CEO After Insider-Trading Allegations

  • Club alleges Kroes bought shares a week before role announced
  • Suspension is latest in series of off-pitch scandals for Ajax
Alex KroesSource: DeFodi Images/Getty Images
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AFC Ajax NV suspended its Chief Executive Officer Alex Kroes and said it plans to dismiss him after “strong indications” of insider trading.

The club alleges that Kroes, who was also the chairman of Ajax’s executive board, purchased over 17,000 shares of the club a week before his appointment was announced on August 2.