Previous
Mouscron-Peruwelz
Club Brugge
7:30 PM GMT
Game Details
Hellas Verona
Lazio
7:45 PM GMT
Game Details
São Paulo
Emelec
10:15 PM GMT
Leg 1
Game Details
New York Red Bulls
Sporting Kansas City
ESPN2 12:00 AM GMT
Game Details
Boca Juniors
Cerro Porteño
12:30 AM GMT
Leg 1
Game Details
Next

Drogba turning back the clock

Chelsea 18 hours ago
Read
Feb 4, 2013

Brondby shares suspended

Danish club Brondby have had all trading of their shares suspended as the possibility of bankruptcy looms, according to a statement from the Copenhagen Stock Exchange (CSE).

The cash-strapped club are currently facing tough times, lying bottom of Denmark's Superligaen, while also reportedly owing their players 31 million Danish crowns ($5.69 million) in holiday pay.

The CSE's statement, released on Monday morning, said share trading was suspended until further notice and that an announcement from the club was expected.

Potential bankruptcy would mean immediate suspension from the Superligaen for the club. Results to date would stand, with the season's remaining games awarded as 3-0 walkovers to the opposition, according to Danish Football Association rules.

Brondby's current situation represents a significant falling from grace for the club who become the country's first full-time professional side in 1978.

The Copenhagen club have won the national title on ten occasions - the last being in the 2004-5 season - while they have also earned a reputation for producing some of Denmark's finest ever players, including Peter Schmeichel and Michael Laudrup.

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.