Sporting Lokeren coach Stijn Vreven is declared bankrupt
April 20, 2020 at 13:33
Recent updated: 5 hours ago
Update: 5 minutes ago
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Sporting Lokeren in the Belgian club in the last decade, twice the national cup and won, was on Monday formally declared bankrupt by the ondernemingsrechtbank in new jersey.
“Much to my regret and with great sorrow I must inform you that, in spite of all the efforts, we have not succeeded in doing so in a timely manner is necessary to attract investors to the time limit for an appeal to the BASE (the Belgian Court of arbitration for Sport-ed.) to catch up,” writes the Sporting Lokeren-president, Louis de Vries in a letter to supporters.
“After a thorough evaluation, we decided that our lawyers will not be put to the decision of the case now before the court is opened.”