The family of Abdelhak Nouri will be paid 7.85 million euros after the medical treatment left him with permanent brain damage.
Nouri had a cardiac arrest during a friendly against Werder Bremen.
Medics spent too long trying to clear his airway and were late in using a defibrillar.
Since then, they have paid for his care.
Nouri was a player for the first team at Ajax.
The club and the family of Nouri have agreed to a settlement instead of going to the KNVB.
It is good that an agreement has been reached so that we can conclude this.
The suffering for Abdelhak and his loved ones is not over. It is a sad situation and we feel the same here at Ajax.
The Abdelhak Nouri trophy is given annually to the best academy player.