Missing out on the Champions League has affected Ajax’s finances with the club announcing small losses for the financial year. 

  • By Michael Bell
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overmars-ajaxThe last financial year ran until the 30th of July, and Ajax announced on Thursday that they had made a loss of €700,00 for that period.

The loss is mainly down to the club not participating in the Champions League last season, which saw the clubs earnings drop by around €12 million. The sales of Ricardo Kishna, Viktor Fischer and Kolbeinn Sigthorsson stopped the club from making a bigger loss over the period but couldn’t drag it into profit.

The money made from the sales of Arkaduisz Milik and Jasper Cillessen this summer are not included in these figures, and should ensure that the club return to the black next year, despite the lack of Champions League football again.

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