Vitesse has been in Russian hands since 2010. That resulted in the TOTO KNVB Cup in 2017, the only prize in club history. But there is no question of Arnhem or Dutch control with the Eredivisionist. And the adventure cost a lot of money. The Russians have already invested 155 million euros in the club. This is how the annual losses are covered.
Valeri Oyf (58) has been at the helm since 2018. He arranges Vitesse’s banking affairs through Performance Management Holding BV, a letterbox company in Oosterbeek. The company is ‘heavily under water’. There is negative equity of 132 million euros. That deficit is financed with long-term debt. However, a statement of approval has been issued by an accountant. This means that the continuity of the holding company is guaranteed.
It is likely that the loan was provided by the shareholder himself. Oh so.
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