Vitesse Arnhem are facing potential bankruptcy after they had their professional football licence revoked for failing to submit the correct documentation before last week’s deadline.
The decision, which was confirmed by the Netherlands football association, the KNVB, after it had granted Vitesse a month’s extension, means the club will be blocked from participating in next season’s domestic competitions. It caps a dramatic reversal in fortunes for the 132-year-old club – the country’s second oldest – who last month were relegated from the Eredivisie where they had played continuously for more than three decades.
