(ANSAmed) - TEL AVIV, JANUARY 4 - Financial daily the
Marker has reported uncertainty over the acquisition by a
wealthy businessman from the United Arab Emirates of football
club Baitar Jerusalem in a transaction that followed the
signature of peace agreements between the two countries. Based
on the accord, sheikh Hamed bin Khalifa al-Nahyan bought half of
the team's property for 100 million shekels (25 million euros)
and pledged to invest an additional 200 million over the next
decade. However, according to the newspaper, a commission set up
by the Israeli football association on Thursday examined the
entry of the new owner, asking the sheikh for more financial
information.
The owner of Beitar Jerusalem Moshe Hogheg complained about ''biased allegations'' and expressed the hope that they will not induce the new buyer into backing away from the acquisition. The Israeli football association did not comment. According to Marker, within three weeks the commission should publish its conclusions.(ANSAmed) (ANSA).
The owner of Beitar Jerusalem Moshe Hogheg complained about ''biased allegations'' and expressed the hope that they will not induce the new buyer into backing away from the acquisition. The Israeli football association did not comment. According to Marker, within three weeks the commission should publish its conclusions.(ANSAmed) (ANSA).
