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A visit to a lawyer's office, a meal and a special presentation: Hapoel Tel Aviv's buyers arrive in Israel Israel today

2023-01-16T20:40:07.402Z


Tonight, the Mentzberg brothers and their partner Brendan Toye are supposed to arrive in the Holy Land to promote the Reds' sensitive deal • Among other things, they will come to Bloomfield and experience the night life in the city • Also: what will happen if the deal falls through?


Tonight (between Monday and Tuesday) the new buyers of Hapoel Tel Aviv are supposed to land in Israel: the Manzberg brothers and with them their partner in the buying group Brendan Toye.

The three will spend the night in Tel Aviv and are supposed to be in the Holy Land in the next two days in the initial phase, and will extend their stay if necessary.

Tomorrow morning, the buyers are supposed to arrive at Bloomfield Stadium for a meeting and an even deeper acquaintance with the stadium.

Later, they will see a presentation from the people of Hapoel Tel Aviv that summarizes the business potential inherent in the group and will receive answers to questions that have arisen in recent times.

In addition, in the next two days they are supposed to arrive at the 'Deloitte' offices, to meet at the office of several officials related to Israeli and American sports and they also asked to "discover the nightlife of Tel Aviv and the community there".

The group of buyers will go out with the current owners of the group to a restaurant this evening in Tel Aviv, as well as tomorrow evening.

As first published in Israel Hayom, the due diligence has long been completed, and now a decision must be made during this visit whether they buy Hapoel Tel Aviv, budget for procurement and get down to business immediately, or whether the deal falls through.

If the deal falls through, the Toshav family, which owns fifty percent of the group, intends to transfer the management of their part to a trustee in the style of lawyer Yitzhak Junger so that he will manage their part of the group together with the Nisanov family.

Liran Mokhtar, the current CEO, will also have the right to sign.

In addition, those who felt threatened in recent times that he was about to lose his position, in view of the attempt to turn Hapoel into a more professional team, will remain in his position.

It is important to clarify that, even in this case, the return of Eli Taviv to Hapoel Tel Aviv is not possible, because the resident family does not wish to sell its share to Taviv.

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Source: israelhayom

All sports articles on 2023-01-16

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