Hapoel Osishkin Denies Hapoel Tel Aviv Claim Over Club Assets
Translated & summarized from N12 by baba
The Hapoel Osishkin association has responded to Hapoel Tel Aviv's legal threat, asserting its ownership of club assets beyond the senior team. The association claims that an agreement with Adom Management Sal only transferred 81% of the adult team's rights, leaving the youth department and other activities under its control. This dispute centers on the interpretation of intellectual property and transferred activity clauses within a 2023 agreement. The association thanked Adom Management Sal for promoting its development team, Hapoel Uri.
The story in 5 lines · by baba
- Hapoel Osishkin association claims ownership of club assets not transferred to Hapoel Tel Aviv.
- The association cites a 2023 agreement with Adom Management Sal regarding rights transfer.
- Hapoel Tel Aviv had threatened legal action over the use of the club's name and symbol.
- The association states its youth department and development team remain under its control.
- The dispute hinges on the interpretation of intellectual property and transferred activity clauses.
The dispute between Hapoel Tel Aviv basketball club and the Hapoel Osishkin association continues, with the association now responding to a legal threat from the club. Hapoel Tel Aviv had sent a notice demanding the association cease using the name and symbol 'Hapoel Tel Aviv' for its adult team, Hapoel Uri Tel Aviv, which plays in the National League.
The Hapoel Osishkin association countered by citing an agreement signed in 2023 with the company Adom Management Sal. According to the association, this agreement transferred only 81% of the adult team's rights to Adom Management Sal. The association asserts that all other assets, including social activities, the youth department, and the Hapoel Uri development team, remain under its ownership.
The association's response is based on two key clauses in the agreement. The first pertains to 'intellectual property,' stating that the association's rights to its intellectual property, including the name 'Hapoel Tel Aviv' and 'Hapoel Osishkin Tel Aviv,' are preserved for any activity not transferred to the company. The second clause concerns the 'transferred activity,' defining it as assets and rights related specifically to the adult team of Hapoel Osishkin Tel Aviv, operating as a 'going concern.'
The association also expressed gratitude to Adom Management Sal for helping to promote the Hapoel Uri development team, which has been a platform for young players for 15 seasons. They extended this appreciation to include Hapoel Sheva Tel Aviv, the adult team, the youth department, the academy, a new basketball program, and their basketball schools serving over 1,500 children.
Essentially, the association's main argument is that Hapoel Tel Aviv and the management company led by Ofer Yanai only hold rights to the senior team playing in the top league and the EuroLeague. All other assets and rights, including the youth division and the Hapoel Uri team, remain with the association.
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