Blockchain Entrepreneur Moshe Hogeg Negotiating for Jerusalem Football Club, Report Says
On Wednesday it was reported that Hogeg and the current owner of the Beitar Jerusalem Football Club had reached a deal. Later reports said the two side are still disputing sell price
Amarelle Wenkert | 15:00 09.08.2018
Israeli blockchain entrepreneur Moshe Hogeg is negotiating to buy Beitar Jerusalem Football Club, Israeli news site Ynet News reported on Thursday. On Wednesday evening, Ynet reported that the club’s current owner, Israeli businessman Eli Tabib, had agreed to an offer of $6.5 million (NIS 24 million). Later, the news site reported that Tabib had rejected the offer, asking for an additional $1.1 million (NIS 4 million). The football club reportedly carries a debt of $2.2 million (NIS 8 million), more than it disclosed during earlier negotiations. Ynet cited Hogeg as saying he will not pay “a shekel more” than the previously agreed-upon sum.
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A spokesman for Hogeg declined Calcalist’s request for comment on Thursday.