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Explained: The fall of Vitesse Arnhem, 'Abramovich's Chelsea B' nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.
Vitesse approached by various parties hoping to keep the club alive financially nltimes.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nltimes.nl Daily Mail and Mail on Sunday newspapers.
The crowdfunding effort launched on Thursday to rescue Vitesse Arnhem already raised 830,000 euros by Thursday night. The football club is in danger of being dissolved, and losing its professional license.The Arnhem club must convince the KNVB licensing committee within two weeks that it is financially healthy enough to play at least next season. Otherwise, it will be declared bankrupt. ....
A huge blow was dealt to Vitesse on Wednesday as the independent licensing committee for professional football blocked the planned takeover by the US-based Common Group. The Dutch football association KNVB released a statement on their website explaining the decision. There are doubts about Common Group's finances. ....
The documents shed light on the role of the tiny Mediterranean island in helping President Vladimir Putin s inner circle access and move their fortunes. ....