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Eredivisie Side FC Twente Dir Says Club Faces 'Critical' Next Few Days

Dutch Eredivisie "crisis club" FC Twente has been forced to withdraw its submission for the '14-15 financial year after "new details of the deal to sell Dusan Tadic to Southampton came to light," meaning the club "could be a step closer to losing" its professional license, according to the PA. Twente Financial Dir Onno Jacobs believes "the next few days are crucial in securing the future of the club." An investigation of transfer deals has "found details of a secondary agreement with Tadic's agent" which has resulted in Twente informing the Dutch FA (KNVB) that the "financial returns were inaccurate and would not be supported by the club's auditor." Jacobs said in a statement on the club's website, "There has surfaced a second agreement with the agent of Tadic and the resulting costs, in particular the fiscal consequences, have a major impact on the annual figures 14-15." Jacobs "fears this latest setback could lead to further financial penalties and a points deduction or even the ultimate sanction" of the club losing its professional license. He added, "FC Twente would again reap the bitter fruits of the policy in the past. We have to accept this, but it is a raw deal for everyone in and around Twente." Jacobs has called on former FC Twente directors who are creditors "to help out the stricken club." Jacobs: "To get out of category one, and thus not to lose the professional license, it is necessary that the former directors among the creditors assume their financial responsibility" (PA, 3/21).

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