AJAX suspended chief executive Alex Kroes today over allegations of insider trading before his appointment at the Eredivisie club.

Kroes, who only started the role last month, was announced as chairman and CEO in August 2023 but the Dutch giants claimed in a statement that the 50-year-old had purchased 17,000 club shares a week earlier.

A club statement read: “The Supervisory Board of AFC Ajax NV has decided to suspend Alex Kroes, CEO and chairman of the board, with immediate effect and intends to terminate the collaboration permanently.