US EditionAjax and Alex Kroes informed by AFM about concluded investigations, AFM imposes no sanctions
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The Netherlands Authority for the Financial Markets (AFM) did not impose any punishment on him or Ajax in the investigation into the appointment and subsequent suspension of Alex Kroes. According to the regulator, no violations were found. An investigation into Kroes was launched because he bought another 17,000 Ajax shares when he already knew he would become general manager. The AFM subsequently ruled that this was a case of inside information…
Ajax and technical director Alex Kroes escape unscathed. The club and the policymaker have been informed by the Netherlands Authority for the Financial Markets (AFM) about investigations that have been completed by the AFM - as the supervisor of the financial markets. The AFM has announced that it will not impose any sanctions.
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