Europe news

Brondby avoid bankruptcy

February 4, 2013
By ESPN staff
Former Danish champions Brondby have avoided bankruptcy, announcing on Monday that their immediate financial future had been secured.

The Copenhagen Stock Exchange (CSE) revealed earlier on Monday that all trading in the club's shares had been suspended, raising doubts over their future.

However, later in the day the CSE said the club would be safe until a new share issue could be carried out in the spring.

"We are very pleased to have created the basis for the continuation ...

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