The purchase deal of Hapoel Tel Aviv continues to take shape: The Sports Channel has learned that the American group of buyers has signed the framework agreement for transferring the management rights of Hapoel Tel Aviv to them. At the same time, currently among the current owners of Hapoel Tel Aviv there are still those who are considering the offer and are delaying the signing.
The American group sent a message that the deal should be signed by the owners of Hapoel Tel Aviv soon, when three of the four have already signed the framework agreement and significant efforts are being made to convince the fourth owner.
As far as the Americans are concerned – the purchase outline will follow the following outline: the buyers will not receive the shares, but will receive 100% of the management rights over the club. They will receive the shares over time according to their financial investment, the more they invest and their investment exceeds the investment of the current owners, the more the share percentage of the current owners will be diluted.
In practice, it should be said – it does not matter that the shareholders will be the current owners, as long as the management rights will be in the hands of the purchasing group. If the rights are transferred, the current owners will have no possibility to influence moves in the group and their shares will have no meaning.
As far as the Americans are concerned, there is an intention to make a capital injection already in the first stage, when each pulse of capital injection will transfer to them an additional part of the shares.
Once all four owners of Hapoel Tel Aviv sign it, the framework agreement will not be subject to change, so one of the owners is delayed at this stage.