Middle East

Sale of ‘anti-Arab’ Israeli soccer membership Beitar Jerusalem to United Arab Emirates royalty

The Israel Soccer Affiliation on Thursday froze the sale of fifty% of Beitar Jerusalem to UAE businessman and royal Hamad bin Khalifa Al Nahyan, questioning the way forward for the notorious soccer membership.

In December, the Emirati royal agreed to purchase half of the membership for 300 million shekels (practically 92 million {dollars}) from Moshe Hogeg, CEO of Beitar Jerusalem.

Nonetheless, final month the switch of property rights to Hamad bin Khalifa hit a snag, when the Israel Soccer Affiliation opened an investigation into the deal and raised questions on “vital gaps” within the state of affairs. UAE monetary establishment.

The Soccer Federation stated on Thursday that Beitar Jerusalem had withdrawn its request to switch 50% of the stake to Hamad bin Khalifa and that Hogeg remained the only proprietor of Beitar – however she may submit a brand new request sooner or later, Mako reported info website.

Three weeks in the past, Beitar obtained an extension to submit the lacking paperwork in his utility, which expires on Sunday.

In January, Israeli sports activities media reported that Hamad bin Khalifa failed to offer an unique Dubai police certificates proving he had a transparent prison report. As an alternative, the royal handed over a replica of his diplomatic passport alongside an affidavit together with his signature stating he has no prison report, Hebrew sports activities information website A reported.

‘F *** Dubai’: Beitar Jerusalem followers react to UAE’s buy of half of soccer membership.

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In keeping with the financial newspaper The feltThe Israel Soccer Affiliation stated Hamad bin Khalifa’s reported wealth was $ 1.6 billion, however about $ 1.5 billion was in non-negotiable bonds linked to the Venezuelan authorities. The South American nation is beneath US sanctions and its financial system is collapsing.

Hamad bin Khalifa’s non-negotiable bonds are deemed pointless, in accordance with Megiddo, a monetary intelligence agency employed by the Soccer Affiliation.

The Marker additionally reported that Hamad bin Khalifa’s belongings, a few of that are in Lebanon, Abu Dhabi and Dubai, had been truly value lower than what’s acknowledged on the books.

Hogeg criticized the Soccer Affiliation, accusing it of “sabotaging” the take care of bin Khalifa and harming the membership by “hiring an investigative firm and disclosing biased and deceptive info on its behalf.”

The wedding between Beitar Jerusalem and an Emirati royal has all the time appeared unusual.

Followers of Beitar Jerusalem are identified for his or her racist chants towards Palestinians, Arabs and Muslims.

It’s the solely membership within the Israeli Premier League to have by no means had gamers from the Palestinian neighborhood in Israel, which contains 20% of the nation’s inhabitants.

Though a number of the membership’s supporters welcomed the deal, within the hopes that it could revive Beitar’s fortunes, others have staged protests to name for the UAE takeover to be canceled.

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