AAD Invest Group and the KMSK Deinze: details on the current situation

For several weeks, AAD Invest Group has been actively involved in regularizing the financial situation of KMSK Deinze.

Press release

For several weeks, AAD Invest Group has been actively involved in regularizing the financial situation of KMSK Deinze, and in particular to guarantee the payment of salaries for players and employees.

A complex context

KMSK Deinze was facing a critical situation prior to its acquisition. AAD Invest Group chose to save the club from bankruptcy, when no other buyers had come forward.
In less than five weeks, we have begun a recovery process that, under normal conditions, takes between three and five months.

As early as October, a first significant action was taken: AAD Invest Group covered part of the legal fees, previously borne by the former owner, to avoid the liquidation of the club.

Concrete actions in progress

We understand the anxiety and anxiety caused by this situation. However, it is important to emphasize that the current deadlines are the result of incompressible administrative and banking constraints, especially in a context where AAD Invest Group is also preparing to go public.

AAD Invest Group wishes to reassure all stakeholders: all salaries and claims will be regularized in the coming days. Our commitment to the players, employees and the future of KMSK Deinze remains unwavering.

We thank all the actors involved for their patience and understanding during this transition period.

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