Emirati businessmen invest in an Israeli club

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A spokesman for the Israeli Beitar Jerusalem Club said in a press interview that a delegation from the club will visit the UAE capital Abu Dhabi at the end of the week to sign an agreement to sell some of its shares to investors.
The spokesman indicated that the investors are businessmen from the Emirati ruling family, and that a press conference will be held to announce this “historic step”, as he said.
Moshe Lyon, the mayor of Jerusalem, had contacted a senior Emirati, proposing a partnership with the Beitar Jerusalem Football Association, and he also contacted the owner of the group, Moshe Hogeg, and wished to complete the deal.
Indeed, Hogeg confirmed that he had received an official offer from Sheikh Hamad bin Khalifa to buy 49% of the shares of the Israeli club, and that an agreement would be concluded with an international company in Dubai in preparation for representing the club in an expected deal to sell its shares to representatives of the ruling family in Abu Dhabi.

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