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| Utrecht's
debts continue to rise |
09
Feb 2003
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Ere Divisie club Utrecht are
facing a far huger deficit than first thought are now confronted with a
three million euros negative balance for this coming season and are
further eleven million euros short of being able to finnish off the
renovations to their stadium. The club's bank the Rabobank and their
main sponsor, AMEV insurance, have stated that they are prepared to help
the Utrecht if the club's creditors are prepared to postpone their
demands until 1 May. The club has also asked the local council if they
are prepared to buy Utrecht's Stadium 'De Galgenwaard' in order to help
the club alleviate their debts.
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