More turmoil at Ajax as new CEO suspended on suspicion of insider trading

Ajax has suspended new CEO Alex Kroes and says it intends to fire him on suspicion of insider trading in the club’s shares. Kroes started at Ajax only last month as a permanent replacement for Edwin van der Sar. He could not immediately be reached for comment on Tuesday. Kroes posted a statement on LinkedIn saying he “cannot simply accept this decision of the Supervisory Board.” Kroes was seen as a key to bringing the struggling four-time European champion back to the top of Dutch and European soccer after a dismal start to the season when Ajax fell into the Eredivisie relegation zone and fired coach Maurice Steijn.