The Limited Times

Now you can see non-English news...

Critical 24 hours: "Betar Jerusalem needs money to breathe" | Israel Today

2022-01-26T06:40:16.648Z


The future of Jerusalemites depends on the group of buyers from the US, who can "stop the chaos" • Cash flow is an existential necessity, with the options being: immediate purchase, becoming a sponsor, loan or donation • In any case, the cuts plan is here


The next twenty-four hours are going to be critical to the future of Betar Jerusalem. The club is in talks with the group of buyers from the United States, in order to find an outline that can "stop the chaos", as the group says, and this chaos is certainly great.

So what is supposed to happen now?

Betar clarified that the negotiations should be concluded as soon as possible after they claimed that the group of buyers had received from them any possible information regarding the financial situation, debts, claims, etc.

The club claims that the group of buyers will have to transfer funds immediately, otherwise it will be difficult to execute the deal.

A Betar source explained: "We no longer have the option of depositing money in a trust or anything like that, everything is known to everyone and Betar needs money to breathe. Either the group of buyers from the US will buy the club, or they will give us money as a sponsor or loan, no Too many options. "

As mentioned, Betar hopes for significant progress soon with the group from the United States.

At the same time, the Jerusalemites began implementing the cuts and releases program yesterday.

Boachi and Jassi (left).

Will they have to leave ?, Photo: Oren Ben Hakon

Despite opposition from coach Yossi Mizrahi, the club issued a statement to the five foreigners: Richmond Boachi, Marko Jankovic, Joshua Mahias, Kamasso Mara and Edwin Jassi - that they must find a new team.

If there are no developments in the US buyers segment, it is possible that all five will also receive a unilateral notice of dismissal.

Either way, even if there is a development in the buyers segment it looks like Jassi Viankovic will leave the team anyway, due to the big disappointment from them.

If all five foreigners are indeed released, the group will save, according to estimates, an amount of around NIS 3 million, including the cost of an employer.

Were we wrong?

Fixed!

If you found an error in the article, we'll be happy for you to share it with us

Source: israelhayom

All sports articles on 2022-01-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.