A top business investor lost control over the shares his company owns in Dutch football team ADO Den Haag in a key ruling issued Monday by the court at the Commercial Division of the Amsterdam courthouse. Chinese investor Hui Wang was suspended from his position as the head of the team’s Supervisory Board, the court determined today.
Ben Knuppe
Mar 2 '16 09:16
The KNVB is ordering FC Twente managers who were directly or indirectly involved with financial abuses at the football club to resign. The club should also revert to a proper business model and get their finances in order, according to the recommendations of independent investigator Ben Knuppe.
