Beitar Jerusalem is working against the clock to find solutions to the major obstacles that remain for the group to pass into the hands of Barak Abramov. The main obstacles? Currently there is no body willing to give a loan of 10 million shekels and new disagreements with the police.
Let's start with the loan that the intended buyer requires.
This afternoon (Monday) there is to be a meeting between Abramov and the people of Beitar and senior officials of the Jerusalem municipality, which has so far refused to give the loan, to try to find an outline that will allow the payment. This, after the parties did not arrive with the other bodies, including the company that owns the house and garden be built.
One of the suggestions that the people of Beitar will make to the municipality is that the loan be against the support that the group is supposed to receive from them in the coming years. It is possible that the municipality will agree to this type of outline, but not for the entire amount, but for much less.
But the municipality is not the whole story.
In the agreement signed between Moshe Hogg and Barak Abramov, the debt to Singularitim is supposed to come out of the Jerusalem Beitar, but according to the police, the businessman has to pay NIS 5 million out of his own pocket immediately. Abramov demands that this be changed, but at the moment there is no agreement on the issue with the police.
"As time goes by, this deal is getting further and further away," said an official privy to the details, when Beitar Jerusalem only has two days left to transfer the budget for the upcoming season in the budget control, otherwise it will go down to the national level, and this of course depends on the question of whether Abramov will buy the team or withdraw from the entire deal.
were we wrong
We will fix it!
If you found an error in the article, we would appreciate it if you shared it with us
