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Ongoing Story· Day 29

Hapoel Ironi Tiberias Players Refuse Salary Cuts Amid Financial Crisis

3 developments

Sport5Sports

Hapoel Ironi Tiberias Deducted Three More Points Amid Financial Woes

Translated & summarized from Sport5 by baba

SportsNeutral tone

Hebrew · 1 newsroom

Hapoel Ironi Tiberias has been docked an additional three points for financial issues, totaling nine points lost due to financial and contract scandals. The club is undergoing a supervised recovery process and stated it is committed to transparency and long-term stability. They are working to address financial challenges and protect player and staff rights.

The story in 5 lines · by baba

  • Hapoel Ironi Tiberias received a three-point deduction for financial issues, adding to previous penalties.
  • The club's total point deductions now stand at nine due to financial and contract scandals.
  • A trustee, Liza Hadash, oversees the club's financial recovery and stabilization process.
  • The club acknowledged financial challenges but stressed ongoing efforts toward stability.
  • Hapoel Ironi Tiberias aims to protect player rights and build a stable future.

Hapoel Ironi Tiberias has been penalized with an additional three-point deduction due to financial irregularities, bringing their total deductions to nine points. This latest penalty is in addition to the six points previously subtracted over a double contract scandal. The club is currently undergoing a recovery and stabilization process, overseen by trustee Liza Hadash, who was appointed by the Budgetary Control.

In an official statement, the club acknowledged the financial challenges and past commitments, asserting they are addressing them responsibly and transparently. They emphasized that existing debts do not solely reflect the club's current situation, especially considering the ongoing recovery efforts and stabilization measures being implemented.

The club expressed regret over media reports that they claim do not present the full picture of their financial situation, potentially creating a misleading impression of the club's operations and future. Hapoel Ironi Tiberias reiterated its commitment to continuing operations, protecting the rights of players and staff, and building a stable long-term financial and management foundation.

"Hapoel Ironi Tiberias is in a process of correction, recovery, and building a stable future," the statement read. The club urged the public, fans, and media to consider the complete situation rather than focusing solely on the difficulties. They pledged to continue working with responsibility and determination for the benefit of the club, its supporters, and football in Tiberias.

Sport5Other · Tel Aviv

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