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ALL POSTS TAGGED "bankruptcy"

News

/ 78 days ago

Vitesse to go bankrupt? Ex-Chelsea players donate to save club

Following an 18-point penalty and relegation, Dutch club Vitesse has been pushed to the brink of bankruptcy. This has only forced supporters to pitch in for survival. This season was the first time in 35 years that Vitesse had been demoted from the top division. The Dutch Football Association docked them 18 points for willful […]

Canada

/ 390 days ago

Canada Soccer contemplates filing for bankruptcy

Canada Soccer is struggling to stay afloat, and bankruptcy is now a real threat to the Federation. With the Canadian teams competing in the Gold Cup and Women's World Cup in July, the financial situation continues to weaken. A lack of profitable media rights and friendlies depleted the cash reserves of Canada Soccer. In an […]