Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Red Star Falls Further
ESPNsoccernet.com, April 28th, 2009 2:30PM

MOST READ

MOST COMMENTED

Red Star Belgrade's executive board stepped down Monday amid pressure from fans and a growing financial crisis. This came after Club president Dobrivoje Tanasijevic quit last week when the 1991 European Cup winners revealed it owed around 23 million euros ($30 million) to creditors.

Many players have not been paid for months. Last week, the club had to travel to first division rivals Javor Ivanjica on the day of the match, because it did not have the funds to cover a night in a local hotel. Former Serbia winger Ognjen Koroman described what appears a typical case on the Belgrade team: "Red Star owes me a pile of money, I haven't been paid in a long while," he told daily Press, adding: "I am not going to sue the club because there is no point."

"The entire executive board has stepped down and a three-man interim committee will be in charge until June 8, when a new president will be elected," the board said. The board also promised to settle its debts to players in the future.

 

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
New York passes goal-anchoring law    
New York Governor Andrew Cuomo has signed a bill late that requires the state to come ...
Gervinho Tries to Smuggle Woman into Italy     
Apparently, AS Roma and Ivory Coast forward Gervinho tried and failed to smuggle a woman onto ...
Report: Wilshere Out Two-Three Months     
The Guardian on Monday reported that Arsenal midfielder Jack Wilshere, who went off injured in the ...
Enrique: Messi to Play Different Positions for Barca    
Lionel Messi will be used both as the main striker as well as a wide forward ...
Valcke: FIFA's Reputation is Damaged    
FIFA general secretary Jerome Valcke on Tuesday acknowledged that it could take "years" to rebuild FIFA's ...
Ribery Rips FIFA's Ballon d'Or     
Bayern Munich winger Franck Ribery expects teammates Arjen Robben and Manuel Neuer to miss out on ...
Pellegrini: Aguero 'One of the Best in the World'    
Manuel Pellegrini hailed hat-trick hero Sergio Aguero for rescuing Manchester City's UEFA Champions League hopes with ...
Mourinho Hails 'Complete' Chelsea     
Jose Mourinho hailed the 'complete' performance of his players as Chelsea sealed first-place in Group G ...
Report: Real Beats Barca to Promising Youngster    
Real Madrid has beaten Barcelona to the signing of promising youngster Marco Asensio, in what Spanish ...
Guardiola Hopes Messi Stays at Barca     
Bayern Munich coach Pep Guardiola said he hopes "with all my heart" that Lionel Messi ends ...
>> Section 2 Around the Net Archives