Betar Jerusalem has announced that the French-Jewish businessman, Stefan Malul will acquire the team

Posted on Jan 13, 2022 by Ifi Reporter - Dan Bielski

Betar Jerusalem has announced that the French-Jewish businessman, Stefan Malul, has signed a memorandum of understanding to buy the club from the current owner, Moshe Hogg. A fast which at the end of which the final agreement is expected to be signed.
Malul, a French Jewish businessman, will transfer to the trust a sum of one million dollars in seriousness fees which will be kept with the trustee, Adv. Yitzhak Junger, and will undergo a quick due diligence regarding the club. The club.
Other names have come up in recent days for the buyer, including Laurent Levy, the French-Jewish businessman and another American purchasing group whose name is linked to the group, but in the end it turned out that Malul is the one who will own Betar Jerusalem.
In the last few years, four homeowners have changed in Betar Jerusalem. Arkady Gaydamak acquired 55% of the team in 2005, at the beginning of the 2013/2014 season, Eli Tabib acquired from the Russian oligarch after the court ruling and Gaydamak's refusal to sell the team to Tabib. In August 2018, Moshe celebrates Acquired the group for NIS 26.5 million, NIS 18 million went to Eli Tabib and NIS 8.5 million was used to settle the group's debts.


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