Tiberias FC Trustee Addresses Club's Financial Turmoil

Hapoel Ironi Tiberias Football Club has issued a comprehensive statement to clarify its financial situation and refute recent claims made against its trustee, attorney Liza Hadash. The club expressed regret that a public dispute is being waged during a critical period for its future, creating uncertainty among players, staff, fans, and residents.

The club's statement explained that Hadash was appointed to resolve a dispute between Arie Kalmanzon and Miki Biton, aiming to bring administrative stability and allow the club to operate properly. It criticized Kalmanzon, who previously stated "the team is above all," for allegedly acting to prevent the realization of guarantees he provided for the club's budget approval earlier in the season. This action, the club claims, complicates the settlement of salary payments and other obligations, effectively holding players and staff hostage to the ongoing conflict.

Ironi Tiberias acknowledged facing consequences from past financial and managerial failures that left significant debts. The current management and trustee are working to rectify these issues, settle debts, and restore financial and administrative stability. Regarding claims of approximately two million shekels in the club's treasury upon Hadash's appointment, the statement clarified that these funds were used to pay salaries and suppliers, not lost. The trustee is also working to arrange prior debts with various institutions.

Hadash stated that the guarantees were financial security measures to ensure the club met its obligations, including player salaries, and were not meant punitively. She emphasized that the purpose of seeking their realization was to protect employee rights and the club's continued operation. Hadash urged players, staff, and fans not to lose faith, assuring them that efforts are being made to resolve financial matters transparently and that the club respects court decisions, with a hearing scheduled for November 23.

The club also stressed that it is larger than any individual or dispute, representing the city's identity and pride. The trustee, club management, and Tiberias Mayor Yossi Nabeh are collaborating to find solutions for the team's continued operation and stability, aiming to correct past mistakes and build a better future.