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Sport5Sports

Hapoel Ironi Tiberias Players Refuse Salary Cuts Amid Financial Crisis

Translated & summarized from Sport5 by baba

SportsCharged tone

Hebrew · 2 newsrooms covering

Hapoel Ironi Tiberias players have unanimously refused a proposed 10% salary cut aimed at addressing the club's financial crisis, which includes over 3 million shekels in unpaid past debts. The club, managed by a court-appointed trustee due to an ownership dispute, informed players of the potential pay cut last week. Players are reportedly angered by the proposal, stating they should not be held responsible for past financial mismanagement. The team is also dealing with player absences due to injury and suspension ahead of their upcoming match against Hapoel Be'er Sheva.

The story in 5 lines · by baba

  • Hapoel Ironi Tiberias players unanimously refused a 10% salary cut proposed due to the club's financial crisis.
  • The club faces over 3 million shekels in unpaid past debts and is under court-appointed trustee management.
  • Players expressed anger, stating they should not pay for past financial mismanagement by the club.
  • The team is preparing to play league champions Hapoel Be'er Sheva this Saturday.
  • Two players are injured, and another foreign player, Sambinha, is unavailable due to budget control issues.

Hapoel Ironi Tiberias is set to return to play this Saturday after the international break, hosting league champions Hapoel Be'er Sheva at Bar'el Stadium. The team will be without injured players Kais Ghanem and Chris Kouakou. David Kalatins and Niv Gottlieb are eligible to return after serving suspensions related to the "transfer affair," but foreign defender Sambinha, also returning from suspension, has not passed the budget control and remains unavailable. Club officials stated Sambinha's late return to training meant his budget clearance wasn't urgent for this match, but his situation highlights the club's severe financial difficulties.

The club is currently under the management of trustee Adv. Liza Hadash, appointed by the court due to a dispute between owner Arieh Kalmanzon and his former partner Miki Biton. Hadash is responsible for the club's ongoing operations, developing a financial recovery plan, and assessing its financial state, which reveals debts exceeding 3 million shekels from unpaid past obligations. "Our situation is not good, but to solve problems, we need to expose them to deal with them and recover the club," senior Tiberias sources said.

To address the financial deficit, the club decided last week to implement sweeping salary cuts for its players. Shimon Hadari, a representative of the owner, met with the team, explained the dire financial situation, and informed them of a potential 10% pay cut. Hadari urged the players to accept the cut, stating, "It's a small amount for you and a lot for the club." However, the players have the right to refuse any changes to their contracts. Sources indicate the players are furious, arguing they shouldn't bear the cost of past mismanagement. "Because of past debts from previous seasons, the money ran out, and now the players on the team have to pay for it? It's not logical," one player expressed. Another added, "We all unanimously agreed this won't happen, we won't reduce even one percent."

Sport5Other · Tel Aviv

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