Luxembourg investors AAD rescue Belgium’s Deinze with ambition for multi-club group
November 7 – After months of uncertainty, Belgian club Deinze has been rescued following a takeover by the Luxembourg investment group, AAD, with former press officer Céline Mawet stepping up as CEO.
Following the withdrawal of their main investors from Singapore, ACA Partners, the club seemed headed toward bankruptcy but on Wednesday the second-division outfit presented Luxembourg’s AAD Invest Group as the new owners.
“In talks with the club’s teams and local players,
The post Luxembourg investors AAD rescue Belgium’s Deinze with ambition for multi-club group appeared first on Inside World Football.