Tiberias Club Owner Accuses Trustee of Mismanagement and Embezzlement
Translated & summarized from Mako by baba
Arieh Kalmanzon, owner of Hapoel Tiberias, accused the club's trustee, Liza Hadash, of mismanagement and using players as hostages after a court temporarily blocked the seizure of NIS 1.3 million in bank guarantees. Kalmanzon questioned where the club's income has gone under Hadash's management. A court hearing is set for November 23 to address the dispute over salaries and financial accountability.
The story in 5 lines · by baba
- Owner Arieh Kalmanzon accused trustee Liza Hadash of failed management and using players as hostages.
- Kalmanzon questioned the disappearance of club funds under Hadash's management.
- A court temporarily halted the seizure of NIS 1.3 million in bank guarantees.
- A hearing is scheduled for November 23 to resolve the dispute.
- Hapoel Tiberias insists on seizing guarantees to pay player and staff salaries.
Arieh Kalmanzon, owner of the Hapoel Tiberias football club, has launched a scathing attack on the club's trustee, attorney Liza Hadash, accusing her of "failed management" and "desperate manipulation" after a court order temporarily halted the seizure of NIS 1.3 million in bank guarantees. Kalmanzon claims Hadash is using players and staff as "hostages" in a personal vendetta, attempting to divert attention from her alleged mismanagement.
Kalmanzon's associates stated that the request to seize the guarantees came shortly after Kalmanzon published a critical post, suggesting it was retaliation for his criticism. They pointed to the temporary court order as evidence that the circumstances of the seizure warrant further examination. A hearing on the matter is scheduled for November 23.
The owner's primary criticism focuses on the club's financial situation since Hadash took over. He claims that approximately NIS 2 million was in the club's coffers a month prior, with additional revenue from recent games and player transfers. Kalmanzon questions how the club has fallen into a cash flow crisis within a month under Hadash's management, asking "Where has all the club's income disappeared to?"
Kalmanzon further alleges that since Hadash became trustee, he and his company, Dorot Group, have been stripped of management authority, denied financial data, and had professional staff dismissed. He asserted that "She who took 100% of the authority bears 100% of the responsibility." Kalmanzon insisted that player and staff salaries are owed from existing club funds and revenue, not from "extorting personal guarantees."
Kalmanzon's camp announced they would appear in court on November 23 to demand clear answers about the club's finances and management over the past month. Meanwhile, Hapoel Tiberias stated in a prior announcement that player and staff salaries were submitted for payment via the guarantees, and the court order is delaying their disbursement. The club maintains its demand for the seizure of guarantees to settle salaries promptly.
