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Ajax woes deepen as Van Praag and finance chief come under fire

Suspended Ajax director denies insider trading, asks financial regulator to weigh in

Alex Kroes will submit his controversial purchase of Ajax shares last summer to the stock exchange watchdog AFM, the general manager of the Amsterdam club said after the supervisory board suspended him. According to the Amsterdam football club, Kroes purchased 17,000 shares with approximately 190,000 euros shortly before his appointment. Ajax considers that insider trading and wants to dismiss the director, who started in March.

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