Council put forward rescue package
By Gerrit van Leeuwen
Last Updated: 01/01/70 1:00am
Twente, like many Dutch clubs, are in dire financial strife and face extinction if a rescue package cannot be found.
The club are reportedly é¼14 million in debt, but the city council of Enschede have sanctioned a é¼4.5 million loan.
This is expected to prompt private backers to come forward and pledge funds to the struggling club.
Twente chairman Herman Wessels` brother owns a vast construction company and is one of the wealthiest men in Holland.
He is expected to donate funds to the cause, which should lead others to follow suit.
Despite the rescue package being put in place, it is unlikely to stop a number of players moving on in the summer.
Keeper Sander Boschker is set to move on at the end of the season, as the club cannot offer him a suitable new contract.
He is expected to join Ajax, after the Amsterdam outfit withdrew their contract offer to Utrecht custodian Harald Wapenaar at the 11th hour.
This decision has angered Wapenaar and he is considering legal action.