Hapoel Ironi Tiberias Players Refuse Salary Cuts Amid Financial Crisis
Translated & summarized from Mako by baba
Hapoel Ironi Tiberias is proposing a 10% salary cut for its players due to a severe cash flow problem and over 3 million shekels in unpaid debts. The players have unanimously rejected the proposal, citing past mismanagement as the cause of the financial crisis. The club is currently under the management of a court-appointed trustee tasked with developing a recovery plan.
The story in 5 lines · by baba
- Hapoel Ironi Tiberias players unanimously refused a proposed 10% salary cut due to financial difficulties.
- The club faces over 3 million shekels in unpaid debts from previous seasons.
- Adv. Liza Hadash is managing the club as a trustee following an ownership dispute.
- Players are angry, stating they shouldn't pay for past financial mismanagement.
- The team will play league champions Hapoel Be'er Sheva after the international break.
Hapoel Ironi Tiberias is facing a severe cash flow problem, leading the club to propose a sweeping cut to player salaries. The team, which will return to play after the international break against league champions Hapoel Be'er Sheva, is struggling with over 3 million shekels in unpaid past debts.
Club officials, including owner's representative Shimon Hadari, informed the players of the dire financial situation and requested a roughly 10% salary reduction, with Hadari stating, "It's little for you and a lot for the club." However, the players have unanimously rejected the proposal, expressing anger that they are being asked to bear the cost of past mismanagement.
The club is currently under the management of trustee Adv. Liza Hadash, appointed by the court due to a dispute between owners Arie Kalmanzon and his former partner Miki Beitan. Hadash is tasked with developing an economic recovery plan and assessing the club's full financial picture.
Adding to the club's woes, foreign defender Sambinha will continue to be unavailable as he has not passed the budget control, despite his suspension being over. While club sources claim his registration wasn't urgent for this match as he is not yet in ideal condition, the incident highlights Tiberias's precarious financial state.
Players are reportedly furious, with one stating, "Because of past debts from previous seasons the money ran out, and now the players playing for the team have to pay for it? It's not logical." Another player added, "We all agreed unanimously that this will not happen, we will not reduce even one percent."
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