Ajax CEO Alex Kroes Suspended Over Insider Trading Allegations

The club plans to terminate his contract following the discovery of his share purchases prior to official appointment announcement.

Ajax Amsterdam suspends new CEO Alex Kroes amid insider trading suspicions, planning to terminate his contract.
Kroes bought over 17,000 Ajax shares a week before his official appointment was announced, raising legal concerns.
Despite Kroes' defense of his share purchase as a sign of confidence in the club, Ajax's supervisory board seeks his dismissal.
This scandal adds to a tumultuous season for Ajax, which includes significant changes in management and disappointing league performance.
Kroes refers his case to the Netherlands' Authority for Financial Markets (AFM) for an independent judgment.