The Borneo Post

Dutch club in court to claim Chinese owner’s money

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THE HAGUE: Dutch first division club ADO Den Haag dragged its Beijing- based owners to court Wednesday in a bid to recoup more than 2.3 million euros ($ 2.4mn) it is claiming in outstandin­g payments.

In a hearing lasting less than 10 minutes before a Hague district court, ADO’s lawyer Paul Olden told judges the club urgently needed the missing money to balance its books or face possible sanction from Dutch football authoritie­s.

ADO was given “six weeks to balance its budget,” after the Royal Dutch Football Federation ( KNVB) this month placed the club under so- called “Category 1” supervisio­n -- a designatio­n used for financiall­y struggling clubs, Olden said.

“If it doesn’t work out, the KNVB may take further measures -- and that means that ADO may lose its licence,” the lawyer said.

Judgement in the case was set for January 5.

In an increasing­ly bitter dispute, The Hague- based ADO have slapped Chinese sports events company United Vansen with an urgent summons for the money this month.

It also brought a second case against United Vansen and its owner, wealthy Chinese businessma­n Wang Hui before the Amsterdam district court’s commercial division.

In that case, judges last week ruled that Wang be temporaril­y suspended as chairman of the club’s supervisor­y board and that his controllin­g shares be transferre­d to an independen­t supervisor.

United Vansen in 2014 bought a 99 percent stake in the ailing ADO, with the club hoping the Chinese investment would boost its flagging fortunes on and off the field. — AFP

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