Hapoel Tel Aviv Aims High With Revealed Massive Budget
Translated & summarized from Ice by baba
Hapoel Tel Aviv's budget for the upcoming season is estimated at 60 million shekels, with an additional 15 million for the youth department, following nearly 100 million shekels invested by owner Edmond Safra. The club recently sold Loizos Loizou for 3 million euros and acquired Douglas Awsu for a club-record 2.2 million euros. Safra's investment has coincided with the team's return to the Premier League, a record points total, and qualification for European competitions.
The story in 6 lines · by baba
- Hapoel Tel Aviv's budget for the upcoming season is projected to be around 60 million shekels.
- Owner Edmond Safra has invested close to 100 million shekels in the club since his purchase.
- The youth department budget has been set at 15 million shekels.
- Loizos Loizou was sold to Red Star for 3 million euros.
- Douglas Awsu was acquired for a club-record 2.2 million euros.
- The club has returned to the Premier League and qualified for European competitions.
Since businessman Edmond Safra's acquisition of Hapoel Tel Aviv, the club has seen significant changes both on and off the field. Safra purchased the team when it was in the National League, and since then, the club has returned to the Premier League with a record-breaking points total, ended a 12-year winless streak against their city rivals, and qualified for European competitions. Safra's investment has transformed the club into one of Israeli football's most talked-about entities. According to a report by "Israel Hayom," Safra has invested nearly 100 million shekels since taking over. The team's budget has grown substantially, with estimates for the upcoming season reaching approximately 60 million shekels. The youth department budget is set at 15 million shekels. In the recent transfer window, Hapoel Tel Aviv managed to retain Israeli star Stav Touriyal but sold another key player, Loizos Loizou, to Red Star for 3 million euros. The club also broke its all-time transfer record by acquiring Douglas Awsu for 2.2 million euros.
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