FC Twente will be playing in the Jupiler League next season instead of the Eredivisie. On Friday the court in Midden-Nederland ruled in favor of the KNVB in the lawsuit the club filed against the football association
On Tuesday FC Twente decided to refuse a proposal made by other professional clubs proposal for a compromise. The clubs, united under ECV, proposed that the Enschede club drops the lawsuit filed on Friday and opens in the Jupiler League next season, in exchange for keeping several million euros in media funds
The Tax Authorities' investigative department FIOD launched an investigation into fraud in the transfer of players at FC Twente, a spokesperson for the Public Prosecutor announced on Wednesday
FC Twente is on the verge of losing its pro-football license and being declared bankrupt. On Monday night the club has to present agreements made with its creditors to the Dutch football association KNVB. But no such agreements have been made yet, according to Dutch newspaper AD.
Despite the resignation of almost all its managers and the announcement of a new operational model, the KNVB thinks FC Twente may still lose its license following damming report on the football club's financial management by Ben Kuppe.
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.
All Amsterdam government officials failed in addressing the disorder in the municipality's finances. This includes, but is not limited to, current Deputy Prime Minister Lodewijk Asscher, who was Finance alderman in the city between 2006 and 2012, according to a committee of inquiry that investigated the municipality's finances between 2002 and 2014
ProRail may be getting 175 million euros less subsidy next year because the company has been pushing money for maintenance and repairs forward for years, instead of using it to repair train tracks.
The University of Amsterdam's financial debt will be monitored by the Education Inspectorate, Minister Jet Bussemaker said on Wednesday.