Vittesse Arnhem possibly going to lose its professional licence

[WinkieWATP]

Dutch football expert on Talksport last night talking about it and said the chances of them losing their licence to play next season was very high. Already facing relegation after an 18pts point deduction.

The more money in the game the more it seems to be getting ruined.

 

[Loud and proud]

Feel sympathy for their fans.
Not easy watching the club you love hit rock bottom.

 

[inigo]

A punishment too far.

 

[Bristol_bnose3]

A fine club. Extremely sorry to hear of their difficulties.

 

[Mustang mad]

any decent players we could pinch.
11 or so would do

 

[HMS.Temple.Garden]

all goes back to a certain Oligarch and EPL club as well.

 

[Orangeandblue]

As an ex resident of Arnhem this is sad news.

 

[Ten Ton Tony]

What's the story there? They're a Chelsea feeder club. Have they fucked them right over?

 

[Eddie Doc]

Trying to bridge too many gaps and it went too far.

 

[sofakineazy]

Feel for the fans. Really shite situation to be in.

 

[WinkieWATP]

What's the story there? They're a Chelsea feeder club. Have they fucked them right over?

From what I could gather Abramovic basically owned the club but they were lying that he didn’t. The guy that fronted it would travel to London monthly for meetings with him and now the authorities have proof of it having never been able to prove it before.

The Dutch guy last night said they had a great season one of the years and we’re going to get CL football and all of a sudden their form dived off a cliff but in reality they were told by Roman to lose so they didn’t end up in the CL alongside Chelsea and be looked into by UEFA.

 

[WinkieWATP]

As an ex resident of Arnhem this is sad news.

It’s a cracking stadium they have. Pitch retracts outside of the stadium etc.

 

[DBallZ]

Don't they have ties to Chelsea? Might've been pre Todd Boehly.

 

[GranvillusClutterbuckus]

Not looking easy.

NOS saying the following needs to be achieved:

• Getting out of Russian hands
• Resolve €18.9 million debt
• Certainty of a bank account next season
• A signed financial statement by an auditor
• Appoint a new supervisory board
• Establish a new foundation board

 

[WinkieWATP]

Don't they have ties to Chelsea? Might've been pre Todd Boehly.

Roman Abrahmovic basically owned the club and was getting associates to appear as if it were them that owned it. They were investigated but they could never prove that was the case. Leaked information and a money trail back to RA have now gave the Dutch Authorities the proof that they were right all along.

 

[Bristol_bnose3]

Produced one of the best ever football shirts in tribute to the 1st Airborne Division a few years ago.

 

[DBallZ]

Roman Abrahmovic basically owned the club and was getting associates to appear as if it were them that owned it. They were investigated but they could never prove that was the case. Leaked information and a money trail back to RA have now gave the Dutch Authorities the proof that they were right all along.

Ooft, all news to me. Poor supporters, the money men won't suffer one bit.

 

[Gazman_Airdrie]

Don't they have ties to Chelsea? Might've been pre Todd Boehly.

They did, they were basically owned by Abramovic via third parties.

 

[Purplestar]

Produced one of the best ever football shirts in tribute to the 1st Airborne Division a few years ago.

They've actually came out with a few cracking tops over the years in Remembrance BB.

Sad to see them in this predicament.

 

[Kentbear]

Feel sympathy for their fans.
Not easy watching the club you love hit rock bottom.

Been there and some.

 

[HMS.Temple.Garden]

From what I could gather Abramovic basically owned the club but they were lying that he didn’t. The guy that fronted it would travel to London monthly for meetings with him and now the authorities have proof of it having never been able to prove it before.

The Dutch guy last night said they had a great season one of the years and we’re going to get CL football and all of a sudden their form dived off a cliff but in reality they were told by Roman to lose so they didn’t end up in the CL alongside Chelsea and be looked into by UEFA.

they still believe he is involved. Hundreds of millions, war in Ukraine just forced matters to this point it seems as well.

Leaked documents reveal Abramovich is still connected to Vitesse

Sanctioned oligarch was source of virtually all the money used to fund Dutch club by its current owner

www.thebureauinvestigates.com

Oyf owns Vitesse directly but used an offshore company called Matteson Overseas Ltd to provide the club with funding and financial guarantees. Leaked documents seen by TBIJ show that while Oyf officially owns Matteson, its funding came from Abramovich. The oligarch almost entirely bankrolled Matteson, and his employees set up and ran its day-to-day operations. Jersey-registered Matteson also shares a nominee director with several of Abramovich’s companies.

Abramovich’s companies loaned Matteson nearly $200m, which was then almost entirely invested in other entities linked to the oligarch and his asset management company, Millhouse Capital. Profits generated were used to pay off loan debt and fund further ventures, including Vitesse.

The latest documents, part of the Cyprus Confidential files shared by the International Consortium of Investigative Journalists and Paper Trail Media, reveal that Abramovich was also the source of virtually all the money used to fund Vitesse by its current owner, Valery Oyf.

 

[HMS.Temple.Garden]

I know this guy isn't to everyone's taste and his voice is annoying but he breaks it down well if you can't be arsed actually reading.