Insider Trading Feud Ramps Up Drama at Football Giant Ajax [BNN Bloomberg (Canada)]
Manchester United Ltd. Class A Ordinary Shares (MANU)
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football” of the 1970s, won three consecutive European Cups and nurtured dozens of top players over the decades. Now, Ajax is looking more like an example of how not to run a football club. Allegations of sexual harassment, conflict of interest and then insider trading earlier this month are just some of Ajax's off-field issues that have also been plaguing its on-field results. After having spent more than €100 million ($107 million) on players in pre-season, the club is on course for its worst league finish in more than two decades. From FC Barcelona to Juventus and Manchester United, storied clubs enduring tough times is hardly new. But the decline of Ajax, a Champions League semi-finalist as recently as 2019 whose domination of Dutch football appeared unassailable, is remarkable for its speed and scope. The downturn began two years ago when Marc Overmars, its director of football affairs, was fired after sending inappropriate messages to several female staff members. Overmars
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