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Because of high financial costs: Maccabi Tel Aviv threatens to withdraw from the Challenge Cup | Israel Today


The volleyball team announced that it is unable to meet the high security costs for the home game against Olympiakos at the Shlomo Hall: "They cannot meet the excessive financial demands"

The large number of security personnel and police that the Maccabi Tel Aviv volleyball team is required to provide in order to hold its home game in the final of the European Challenge Cup in volleyball against the Greek Olympiakos in a week (5.3) in Shlomo Hall, led the heads of the association to think that, due to lack of choice, they are forced Notify the European Volleyball Federation within 24 hours that the team is withdrawing from the peak stage of this enterprise.

In the last few days, the heads of the association have been busy organizing this prestigious match, which is considered to be the highest level in Israeli volleyball.

Along with the large expenses involved in holding the event, which amount to approximately NIS 350,000.

An unexpected economic component was added to its scope - security and policing, the cost of which reaches approximately NIS 130,000. 

It should be noted that Maccabi Tel Aviv is required to pay this amount from its budget, without the institutional sports authorities assisting it in financing this unusually heavy financial expenditure, while in the fields of football and basketball the teams receive financial reimbursements from the Ministry of Culture and Sports for the ongoing expenses for policing and security during the entire season.

The team also stated: "Maccabi Tel Aviv, which turned immediately after qualifying for the European finals by asking for help from all the institutional sports authorities in Israel, is aware that the announcement of the cancellation of the game endangers its position in Europe and is expected to incur a financial fine, but it is taking a calculated risk because its leaders know that the financial penalty is A performance lower than the cost of producing the event.

"Until now, the cost of security and policing in the current European season for all stages has reached about NIS 50,000 and now Maccabi Tel Aviv is required to pay three times as much - NIS 130,000 for one game! 

Doron Shitrock, chairman of the Maccabi Tel Aviv Association, said: "We have reached a record level in Israeli sports in general and volleyball in particular, and we are very proud of that.

However, we are unable to meet these excessive financial demands.

In the last few days, I asked all the sports institutions to help us fund the policing and security, and only the Tel Aviv-Jaffa municipality picked up the glove and is helping us.

If we do not receive from the Ministry of Culture and Sports and the other parties, the assistance to finance security and policing, it will be a major financial blow for us, putting the existence of the final series in doubt."

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Source: israelhayom

All sports articles on 2023-02-28

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