Ajax chief executive Alex Cruz has been suspended by the club on suspicion of misusing confidential information, the fifth-place Dutch club said in a statement on Tuesday.
According to the Amsterdam club, 50-year-old businessman Alex Cruz bought more than 17 thousand shares of Ajax a week before his appointment as chief executive, announced on August 2, 2023.
“The Supervisory Board requested an external legal opinion, which concluded that [Alex Kroes] probably engaged in insider trading. Insider trading is a crime,” Ajax explained in a statement.
Alex Cruz admitted that he made “not the smartest decision” and also said that by purchasing the shares he intended to send “a positive signal to restore trust within the club.”
Ajax, the four-time European champions, suffered their worst start to a season in their history, remaining momentarily bottom of the table, sparking fan anger that erupted into violence at the end of 2023.
The club, with iconic players such as Johan Cruyff, Marco van Basten and Dennis Bergkamp, has recovered and is in fifth place in the Dutch league, 28 points behind leaders PSV Eindhoven. Ajax were also eliminated in the round of 16 of the European Conference League.
Author: Lusa
Source: CM Jornal
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