Beitar Jerusalem is working to bring forward the urgent hearing in the court regarding the NIS 11 million guarantees demanded from Barak Abramov, as well as the condition that the club's shares will be transferred to him only in three years, which of course is unacceptable to him and Beitar. This, after the police clarified this morning (Mon ) because her positions have not changed and she will not allow the sale of the group under other conditions. The discussion on the matter is currently scheduled for August 7, only three days before the deadline from the inspection.
The police clarified in an official statement: "Although the validity of the orders was known and despite their explicit language, the applicants and Barak Abramov did themselves justice and signed on July 13 an agreement to transfer the full rights of Moshe Hogge. The signing was done without informing anyone from the Israel Police and certainly without her consent to the wording of the agreement and the detailed conditions In it, or in other words, the parties dictated to the State of Israel the terms of the agreement and presented them as a fait accompli."
Moshe celebrates.
Will the deal be completed this summer?, Photo: Gideon Markovich
The police also added: "A review of the agreement shows that there is an improper preference of creditors in favor of a selected group of debtors, without justification and without receiving an explanation. Section 4 of the agreement lists the company's debts in the amount of NIS 9 million and lists four creditors.
With the exception of the group's obligations towards employees and players, the other creditors are not secured creditors and have no proprietary security.
"At the same time, Barak Abramov agreed, for any apparent objective reason, to be a personal guarantor of the company's debts to these creditors. Hogge and Abramov chose, for reasons reserved to them, to refrain from giving an explanation as to why they agreed to elevate these creditors to the status of secured creditors. Similarly, the parties refrained from referring to her What is the basis for distinguishing the company's obligations towards creditors?
In light of the situation, the Beitar management issued an official statement in which they harshly attacked the police: "We are concerned about the court's decision regarding the date of the hearing.
These are critical days for the Beitar Jerusalem football club, where hundreds of thousands of fans and dozens of employees await the fateful hearing in court.
Barak Abramov
Needs a little more time, photo: Alan Shiver
"Also, the response of the police and their demands show that they decided to lower Beitar to a league because it is clear to everyone that if there is no solution Beitar will find itself in a lower league and there is a danger to its existence.
Even if the deadline is 10/8, there are many more actions that need to happen in such a way that allowing the discussion on the aforementioned date will not allow the completion of the budget and the transfer of the group to new ownership.
"We will take all the legal steps at our disposal in order to advance the discussion and clarify the urgency of the situation."
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