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Given current market conditions, Club Brugge postpones its IPO on Euronext Brussels

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Chairman Bart Verhaeghe: "We have chosen to postpone Club's IPO given the current market conditions. Of course we regret this but we are looking to the future with an open mind. Club Brugge is doing very well financially, organizationally and sportingly and the ambition remains to do better every day. We are now fully focused on winning the 4th national title in 6 years. The delayed IPO has no impact on the operation of Blauw-Zwart. I like to thank our fans for their unfailing support and trust. "