FC Twente Demoted Due To Financial Problems

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The Royal Dutch Football Association (KNVB) has announced its decision to demote FC Twente to the Eerste Divisie over their financial mismanagement.

The Dutch club were also banned from European competition for three years by the KNVB, after misleading the organisation in regards to its business relationship with Doyen Sports.

A fourth failure for the club to get their books in order, saw them docked points for the second season in a row, they lost three points on two different occasions in the 2014/15 season.

They were also fined by FIFA last season, for breaching third party ownership rules.

A KNVB statement confirmed Twente had been “offered a second chance in the Jupiler League”, despite the Licence Commission determining that there were grounds to revoke the Enschede-based club’s licence.

KNVB director of professional football Bert van Oostveen said: “The past year has been uncertain.

“For the fans, for the club and also for the KNVB, we really feared that the Licence Commission would pull the plug.

“Fortunately the commission found a way out.

“FC Twente is a big club, who has a large following and the KNVB is delighted that the club will get a second chance.”

The decision can be appealed by Twente, although if demotion is confirmed, it could lead to salvation for one of the Eredivisie’s bottom three clubs.

OneTife

OneTife

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