Ajax suspend new CEO Alex Kroes on suspicion of insider trading club shares

The 49-year-old is said to have bought 17,000 shares last yearKroes in post for just over two weeks amid turmoil at Ajax

Ajax have suspended new CEO Alex Kroes with immediate effect on suspicion he has been involved in insider trading in the club’s shares, the club supervisory board said in a statement on Tuesday.

The board said it had learned Kroes had bought more than 17,000 Ajax shares a week before his intended appointment was announced on 2 August 2023. “External legal advice indicates that he likely engaged in insider trading,” the board said in the statement.

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