The Executive Board of football club quits in deepening financial crisis

According to Sports Business, the executive board of Serbian football side Red Star Belgrade has stepped down amid an increasing financial crisis at the club: "The 1991 European Cup winners’ board had been put under pressure from angry fans on Monday after club president Dobrivoje Tanasijevic quit when it was revealed they owed around €23 million ($30 million) to creditors. "

SOURCE: Sports Business.com