A call for colour

There follows here a message from the supporters of ADO Den Haag. I believe this is a great idea to show how much we all love and support our local team.

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FELLOW SUPPORTERS OF ADO DEN HAAG / FC DEN HAAG,

We have all seen the negative news of the past few days regarding the financial payments of Mr. Wang, and what the consequences may be. The Dutch media is beginning again to try and embarrass our club and make ADO the laughing stock of Dutch football.

To show that ADO is our club and our love, we are calling on the various supporters groups and asking them that on this Saturday against Willem II to all turn up in a mass of YELLOW & GREEN. Everything you have that is yellow and green, please bring with you. Clothing, hats, knitted scarves that old yellow-green sweater from grandma that when it rained was five kilos heavier. The whole stadium must be yellow and green. Also check your attics and closets, maybe you have old flags or banners from the past between the mothballs. Take them and hang them in the stadium. We are going to show that for us, there is only one club and that’s ADO Den Haag .

ONE LOVE! ONE THE HAGUE!

Christmas sale via the Online fan shop

Starting today, the Fanshop of ADO Den Haag holds a very special and unique action. Until Christmas Day, December 25th there is a discount of 20% on all products from the (online) Fanshop. Now is the time to purchase a beautiful ADO Den Haag souvenir as a Christmas gift!
To get the discount, use the online action code kerstadodh (lowercase) to purchase of a product from the online Fanshop. Be aware! The 20% discount can not be combined with other offers like the 5% and 10% discounts for Club Card and Season ticket holders.
Visit the online Fanshop HERE

ADO games this week

Both ADO and ADO ladies play in the Kyocera stadium this coming weekend.

The men play at home on Saturday night against Willem II. After last week’s great win at AZ Alkmaar the home team will be looking forward to this game, especially as everybody at the club needs a boost after the shocking financial revelations of this week.

ADO ladies take on PSV on Friday night. If you are looking for some good entertainment, in their last four games, there has been a total of 26 goals scored! An average of 4.5 goal per game, so don’t miss out this coming Friday.

SUPPORT YOUR LOCAL TEAM!!!

ADO announce financial details of 2014/15

Explanation of the annual figures of NV ADO Den Haag for the 2014/2015 season

On 1 December NV ADO Den Haag submitted its annual figures for the 2014/2015 season and a forecast for the current season to the KNVB (Royal Dutch Football Association). The annual figures have also been submitted to the Chamber of Commerce.

NV ADO Den Haag finished last season with a loss of 0.7 million Euros. However, thanks to a share premium from major shareholder United Vansen (hereinafter: “UVS”) of 1.5 million Euros during the previous season, for the first time since June 2006 ADO Den Haag was able to record positive equity. As at 30 June 2015 the equity amounted to € 654,000.00 (positive). This is good news.

Not such good news is the fact that on 1 December NV ADO Den Haag was not able to submit a definitive cashflow forecast for the 2015-2016 season to the KNVB. The reason for this is the continued failure by major shareholder UVS to make payments promised in writing. In his audit report approving the annual accounts for 2014-2015, the auditor expressed his concerns about this.

NV ADO Den Haag shares the auditor’s concerns. On Friday 18 December there will be a shareholders’ annual general meeting. Then we will find out whether or not major shareholder UVS is still going to meet its obligations (or has already done so in the meantime).

More detailed explanation:

The annual accounts show that NV ADO Den Haag made an operating loss of 0.7 million Euros for the 2014/2015 season. This was in line with expectations. So in mid-season two investments were made so as to contribute to better sports results. These investments were made possible by a share premium payment of 1.5 million Euros by major shareholder UVS. Thanks in part to this premium, for the first time since 30 June 2006 ADO Den Haag was able to record positive equity in the annual accounts.

The annual accounts for the 2014/2015 season were approved by the auditor. However, the auditor expressed his concerns about the near future. These concerns relate to the continued failure of major shareholder UVS to make payments. In the event of total failure to make all the promised payments, there is the threat of a planned liquidity shortfall of up to € 1.3 million.

The auditor’s concerns are of course shared by NV ADO Den Haag. The current situation is, in chronological order, as follows:

– NV ADO Den Haag submitted a budget for the current season to the KNVB’s Licensing Committee and the Committee accepted it.

– Agreement was reached with major shareholder UVS about additional investments totalling 3.7 million with the aim of raising NV ADO Den Haag to a higher level. These agreements were made in the Supervisory Board meeting. The major shareholder confirmed the agreements in writing. The three dates on which the promised investment amounts would be transferred were also set down in writing by both parties.

– NV ADO Den Haag anticipated with confidence that UVS would keep its promises because of:

a) the plans set down in writing by UVS upon take up of the shares. In these, UVS revealed that it intended to invest in the club so as to raise the club to a higher level in sports terms in line with UVS’s ambitions expressed at that point.

b) the 1.5 million Euro share premium that UVS had actually made in the 2014/2015 season.

c) the written confirmation, including the three specified payment dates, for the 3.7 million Euro share premium for the 2015/2016 season.

– Now the two dates have passed (30 September and 30 November 2015) and neither the payment of 0.7 million Euros for the first date nor the payment of the 1.2 million Euros for the second have been made. Despite urgent requests by the management, members of the Supervisory Board and the priority shareholder, the Municipality of The Hague, UVS is to date still in default.

– As a result of all this, in his report on the 2014/2015 annual accounts, the auditor expressed his concerns about the continuity of the company. In addition, NV ADO Den Haag then had to submit an interim cashflow forecast to the KNVB. This could have consequences for the classification of ADO Den Haag to a category by the KNVB’s Licensing Committee. This classification is usually published at the start of March.

– The shareholders’ annual general meeting will be held on Friday 18 December. Then we will find out whether or not major shareholder UVS is still going to meet its obligations (or has already done so in the meantime). If not, then in any event the club’s ambitions will have to be adjusted downwards.

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So things are certainly not looking as bright as all the promises made by Mr Wang. Auditors are concerned about future investment. There have been comments made from within the club that have reached media sources about the worries etc. I think this is a story that will be growing very quickly.

Havenaar out until after winter break

ADO Den Haag striker Mike Havenaar will miss the remaining games of 2015 against Willem II at home and SC Heerenveen away.
The Japanese forward was injured in Friday night’s 0-1 win at AZ. Examination at the hospital revealed that Havenaar has broken two ribs. Havenaar is the top scorer of ADO Den Haag, scoring eight goals in fourteen games.

ADO ladies lose at FC Twente

On Friday evening ADO ladies played away at FC Twente and sad to say returned with no points.

ADO didn’t have much luck during the game. In the fourteenth minute FC Twente were awarded a penalty after a handball by Mijke Roelfsema inside the area, which resulted in a red card for her. The resulting spot kick was converted by Maud Roetgering, 1-0.

ADO fell further behind after thirty fourth minute. Ellen Jansen scoring a header giving the hosts a comfortable lead, 2-0.

Despite being two goals down ADO did have their chances, it certainly wasn’t all one way traffic, just wasn’t their night in front of goal.

The second half saw the home side increase their lead. Hélène Heemskerk took out Shanice van de Sanden inside the area. Another penalty awarded to and converted by Roetgering in the fifty fourth minute, 3-0.

The heads of the ADO side didn’t drop and they still created chances and got their consolation goal in the eighty seventh minute when Yvette van der Veen scored a cracking long range effort, 3-1.

There are two games remaining this year, both at home on the next to Friday nights, kick-offs 19:30, against PSV on the 11th and then sc Heerenveen on the 18th.

ADO ladies: Jennifer Vreugdenhil; Hélène Heemskerk ©, Kim Dolstra, Mijke Roelfsema, Mesker; Dominique Bruinenberg, Nadine Noordam (18. Yvette van der Veen), Michelle Vrieling (80. Lisanne Grimberg); Lineth Beerensteyn, Pia Rijsdijk (69. Maartje Looijen), Kirsten Koopmans

ADO this weekend

ADO’s men and women are in action this week and both on Friday night.

The men play away again, this time away to AZ Alkmaar. After last weeks last minute defeat ADO will be looking to come back with at least a point.

15-AZ-V-ADO

The ADO ladies are also playing away from the Kyocera stadium. They travel to face the tough test of FC Twente. A draw would be a fantastic result.