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Dutch FA takes another three points from FC Twente for financial issues

April 10, 2015

twente stadiumThe Dutch football association KNVB has taken three points away from FC Twente for the second time this season because the club’s finances are not in order.

The three points were removed because the club’s half year figures did not fulfil the demands made by the KNVB.

In March, three points were taken when the club’s plans to write off the cost of its stadium in the 2013-2014 season were rejected, despite the approval of an accountant.

Premier league club Twente has been on the KNVB’s watch list because of its financial situation since last year.

If points have to be removed for a third time in this season, the KNVB can decide to remove the club’s licence to play professional football.

Earlier this week Twente submitted a new financial plan to the KNVB. The club is currently at number 11 in the premier division.

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