Itzik towards |
Hapoel Tel Aviv players (Oren Ben Hakon)
In Hapoel Tel Aviv, we are breathing a sigh of relief after the money was obtained to finance salaries for the month of March. ONE learned that the source of the money came from an unexpected source – this is money that was supposed to go to the Reds as part of the security network and was frozen due to technical problems. Either way, the salaries for all employees will be paid several days before the original date – before the eve of the holiday. The money came from the security network that was frozen by the state.
With CEO Liran Mokhter assuming his position and going over the accounting reports, the management discovered the frozen money and after a process of several months, the state approved the Sports Betting Settlement Council (TOTO) to transfer the money and release the funds to the Hapoel Tel Aviv coffers. At the same time, It should be remembered – the club is still in a complex situation due to the deficit and the struggle between the owners.
The official said: “The club is aware of the conflict that has arisen and the management is working day and night to find financial solutions that will allow us to finish the season as a series in the financial aspect as well as to overcome the challenging period that has been imposed on us.” The team’s failure to qualify for the top playoffs caused a significant deficit in the budget for the 2022/23 season, together with the professional failure, the radius penalties imposed on the club, caused losses of millions of shekels, and this is how the problem arose.
