OSTERSUND, Sweden — Swedish soccer team Ostersund has been denied a license to play in the top division next season because of its financial problems.
The Swedish Football Association says its licensing board has decided Ostersund “does not meet the elite licensing criteria … for continued operation throughout the next year.”
Ostersund says it will appeal against the ruling, which was announced on Tuesday. As it stands, the club will play in the third-tier Division I in 2020.
Ostersund recently said it needed to raise 10 million kronor ($1 million) to pay creditors and tax authorities in order to continue operating.
The club from central Sweden rose from the amateur ranks in 2011 to the top league in 2015, and won the Swedish Cup in 2017. That qualified Ostersund for the Europa League, where it advanced to the knockout stage before losing to Arsenal despite winning the second leg 2-1 at Emirates Stadium.
Having its license denied is the latest blow to Ostersund after its former chairman, Daniel Kindberg, the man regarded as the mastermind behind the club’s rise, was sentenced this month to three years in prison after being convicted of serious financial crimes. Kindberg is appealing against the conviction.
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OSTERSUND, Sweden — The former chairman of Swedish soccer club Ostersund has appealed against his conviction for serious financial crimes.
Daniel Kindberg was sentenced on Nov. 5 to three years in prison, banned from doing business for five years and ordered to pay damages after being found guilty of funneling millions of kronor in taxpayer money into Ostersund. The scheme involved two other men and three companies, one being the Ostersund municipality’s housing corporation for which Kindberg was chief executive.
Kindberg said immediately after the verdict was handed down that he would appeal, describing it as “a legal scandal.” His defense lawyer, Olle Kullinger, says the appeal was submitted this week and will be heard in the Court of Appeal in Sundsvall, likely next year.
Kulllinger said Kindberg is appealing against the conviction, the damages, and “regarding all points of the indictment.”
Ostersund, which plays in Sweden’s top league, will not be facing any sanctions from the Swedish soccer association following Kindberg’s conviction.
HARNOSAND, Sweden — A Swedish court has sentenced the man regarded as the mastermind behind the rise of Swedish soccer team Ostersund to three years in prison for serious financial crimes.
The Angermanland Court said on Tuesday that Daniel Kindberg was guilty of funneling millions of kronor in taxpayer money into the club in a scheme that involved two other men and three companies, one being the Ostersund municipality’s housing corporation for which Kindberg was chief executive.
When Kindberg was club chairman, Ostersund rose from the amateur ranks in 2011 to Sweden’s top league in 2015, and won the Swedish Cup in 2017.
Ostersund qualified for the Europa League, where it advanced to the knockout stage before losing to Arsenal despite winning the second leg 2-1 at Emirates Stadium.