Likud Seeks Fresh Funding as Netanyahu Camp Looks to Sell Party Assets Faster
Likud is looking for ways to expand Benjamin Netanyahu’s campaign funding, in what may be his final run in politics. One option reportedly raised by his son, Yair Netanyahu, and apparently also by Netanyahu himself, is to accelerate the sale of party assets, including properties that serve as Likud headquarters around the country.
The party has already been selling off assets in recent years, and the proposed move would speed up that process as the campaign tries to strengthen its finances. The report says the goal is to improve the party’s financial situation ahead of the election effort.
Likud rejected any suggestion of a formal connection between Yair Netanyahu and the party, calling it “complete fake.” The party said its rehabilitation process has been underway for about a year, and that layoffs and asset reductions have been used fully to cut party debt.
Likud also said its election budget is fixed, adding, “We are not spending additional money.”
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