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Hapoel Jerusalem is under new ownership: "We will become the best team in Israel" - voila! sport

2023-03-16T15:01:56.232Z


An investment group headed by Matan Adelson buys the club from Michael Davis, the majority shareholders. Adelson: "Looking forward to joining forces to make Jerusalem the face of Israeli basketball"


Tikteknu: today's summary clip in sports, 16.3 (Sport1)

A new era in Hapoel Jerusalem.

An investment group led by Matan Adelson is purchasing the club, Michael Davis, CEO of the JSM Group, the majority shareholders of Hapoel Jerusalem Basketball, announced today (Thursday). Davis confirmed that he had reached an agreement to sell control of the team to an investment group led by Adelson, son of Sheldon Adelson, 7 To Miriam Adelson, who said: "My two greatest passions in life have always been Israel and basketball. I look forward to joining forces with the fans, players, coaches and staff to make Hapoel Jerusalem the biggest team in Israel and the face of Israeli basketball. The state cup won by the team this year is only The beginning, and I have no doubt that this will be just one of the many successes the team will have in the coming years."



Michael Davis said: "This deal is a very big achievement for everyone involved, as Matan brings with him the enthusiasm, knowledge and resources to take Hapoel's current winning streak and leverage it to new heights. This deal is a win for the team, for our fans and a big win for the city of Jerusalem. My partners in Hapoel, Uri Alon and Moshe Greenberg, agreed to donate all their proceeds from the sale to charity, to philanthropic associations and funds and to the goals of the Jerusalem Municipality, including the construction of a new computational medicine center initiated by the Hebrew University at Hadassah Hospital. I thank managing partner Eyal Chomsky for his enthusiastic and tireless contribution to success The biggest of the group."

A new era in red (Photo: Liron Moldovan)

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The Mayor of Jerusalem, Moshe Leon, said: "This is great news for Jerusalem and for the team. There is nothing fitting that the Adelson family, who have done so much for Jerusalem and the Jewish people, will support Jerusalem's beloved team. I am excited and looking forward to working with Matan and will continue to help the team in any way possible".

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Source: walla

All sports articles on 2023-03-16

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