Who will pay income tax?

Celebrating changed the requirements, and complicated Betar Jerusalem

Moshe Hogg's requirements for a potential buyer have changed from the transfer fee to the obligation to pay taxes and to take all the obligations.

The financial analysis illustrates: In the current reality, only a billionaire for whom this is a small amount of money will agree to take Betar Jerusalem

Ophir Saar

08/02/2022

Tuesday, 08 February 2022, 10:00 Updated: 10:13

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Summary: Betar Jerusalem - Hapoel Nof Hagalil 0: 0 (Sport1)

Betar Jerusalem fans are confused about the group's debts and Moshe Hogg's demands for it, given the various reports and information flowing from several sources, so we will try to put things in order. First, there is a difference between the demands of a potential buyer Sustainability is in the order of over NIS 20 million, which includes the day-to-day operation of the club, debts to players, suppliers and agents, arbitrations, future debts in FIFA regarding Linkovich, Jesse and Mara, compensation to employees, etc.

It should be noted that the final amount of the commitment also depends on who will finance all the current operating expenses of the club until the end of the season.

At this stage, NIS 3.5 million has been transferred to the trust, and a similar amount is expected to be transferred later, but Celebrate still hopes that if a buyer is found, he will be able to avoid these expenses.

More on Walla!

Celebrating's lawyer is behind the transfer of funds to the trust

To the full article

The people celebrating his case in recent days have a number of potential buyers, including Eli Tabib, but have received a negative response.

What is the wonder? (Photo: Walla !, Niv Aharonson)

More on Walla!

• Itzik Kornfein: "The staff of Betar Jerusalem is so weak and unbalanced"

And here we move on to the next requirement of celebrating.

If until now potential buyers were required to pay a transfer fee for the group, now that is changing.

Any potential buyer can get the group for free, as long as there is a new catch.

Throughout the years Betar Celebrates has made owner loans to the club through its memberships, including singularities, both as a sponsor and as owners, a legal move that almost all team owners in the Premier League make on a regular basis.

Where is the problem? The income tax requires or will demand from him, in the amount of NIS 15 to 20 million, part of the result of the recent investigations conducted in his case by the tax authorities and the police. The tax that fell on him, as a kind of transfer fee.

The people celebrating his case in recent days have a number of potential buyers, including Eli Tabib, but have received a negative response.

The chances that there will be someone who will take Betar in the current situation is only if an oligarch or a kind of billionaire comes in and the sums are small money for him, or on the other hand, he celebrates will release the team and bear his debt. Truth? From there to a new path.

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• Moshe is celebrating

• Beitar Jerusalem