Cruyff under fire for exploiting Ajax for own business priorities

Johan Cruyff2

By Samindra Kunti
June 23 – In recent years Ajax Amsterdam has become subservient to the business interests of Johan Cruyff, according to a report in Dutch newspaper De Volkskrant. Youth staff must follow a course at the Cruyff institute and Cruyff, rather than keeping the knowledge to Ajax, sells the secrets of the youth academy to foreign football clubs.

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Russia cuts $560m from 2018 World Cup infrastructure budget

Russia 2018 logo1

By Paul Nicholson
June 23 – Russia has formalised a 30 billion rubles ($560 million) cut in its 2018 World Cup spending. The government cuts will be around planned infrastructure projects with hotel development plans being the hardest hit. There are no plans to cut spending on stadia and construction will continue unaffected.

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Government watchdog points finger at banks in FIFA corruption scandal

FATF

By Mark Baber
June 23 – Whilst most attention has been focused on the role of the FIFA President and General-Secretary in relation to the current US and Swiss investigations of corruption in football, a largely unnoticed statement by the Financial Action Task Force (FATF) – the inter-governmental body whose responsibility it is to promote policies to protect the global financial system against money laundering – has pointed a finger of blame at financial institutions.

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With CSKA gone, Kiziloz focuses on buying Lokomotiv

Deniz-Kiziloz

By Alexander Krassimirov
June 23 – With the future of CSKA Sofia now sealed in the amateur leagues but under the financial stewardship of Bugaria’s richest man Vasil Bozhkov, Turkish businessman Deniz Kiziloz (pictured) who several times tried to start negotiations with the club, said he now intends to invest in another Bulgarian club – Lokomotiv Plovdiv.

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