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On the way to selling 49% of the ownership in Betar? Celebrates signing with a broker in a deal in Dubai
The owner announced a signing for Naum Cohen's company representation in order to promote contacts for the sale of the club's shares to representatives of the United Arab Emirates' royal family: "Hopefully the process will lead to a significant leap forward"
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Beitar Jerusalem
Ophir Saar
Thursday, 26 November 2020, 15:02
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Betar Jerusalem announced today (Thursday) the signing of a representation agreement with NY Koen Group that will try to find investors in the UAE. According to the announcement, the company will represent Betar in the sale of the club's shares to the Royal Family in Dubai.
According to sources at the club, this is a negotiation for the sale of 49% of the ownership of the club and a very high amount, and following the progress in the contacts, the deal may be implemented soon.
Owner Moshe Hogg said: "The signing of the representation agreement with the company is an expression of confidence in the strength of the Betar Jerusalem brand and a significant stage in negotiations with representatives of the royal family. We are very optimistic about the future and hope that the process will lead to a significant leap."
Naum Cohen, chairman of the NY Koen team, said: “Our goal is to bring the good news of peace in the area to sports as well.
In this respect, there is nothing more appropriate than Betar Jerusalem, which is a symbol and national Israeli pride. "
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Celebrating and Cohen (Photo: Betar Jerusalem's official website)
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According to publications in the Israeli media in recent years, Naum Cohen is an Israeli who was educated in Hasidism in Ashdod and until a few years ago his name was Nachshon Nachshonov.
In 2016, a lawsuit was filed in "Globes" against the stock exchange by a diamond dealer, claiming that she had given entry permits to a "crook" who "stung" him and a number of other diamond dealers.
A report in "Globes" read at the time: "The lawsuit claims that the alleged crook is Nachshon Nachshonov (35), a member of one of the Hasidim in Ashdod who is also known in the community as a major donor. According to Adv. Goldman, It is clear that, among other things, a restraining order was issued against Nachshonov on suspicion of fraud and theft, and as a result would have prevented him from entering the compound, while misleading members of the stock exchange. "
In an interview with passportnews, Naum Cohen said weeks ago: luck.
I did nothing illegal.
Everyone goes through something, once up, once down.
Make a repair in the best way.
The lawsuit was filed by a relative of mine, who just put me inside.
Do not see any problem with the name change.
I come to Israel, go in and out about 10 times every year and I have no problem. "
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