Twente Enschede on verge of bankruptcy | World Soccer

Dutch first division Twente Enschede have revealed that they faced the prospect of bankruptcy after tax authorities demanded payment.

“The tax office has filed a request to have the FC Twente Foundation declared bankrupt. This will be handled by a local court on Wednesday,” Twente spokesman Edwin van Lenthe said.

Reports in the Dutch media claim that the cluowes €3.1 million to the tax authorities and and had accumulated debts of more than €14 million.

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