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Hapoel Ironi Tiberias Players Refuse Salary Cuts Amid Financial Crisis
Hapoel Ironi Tiberias is attempting to implement a 10% salary cut for its players due to a severe cash flow crisis and over 3 million shekels in debt. The players have unanimously refused the proposed reduction, stating they should not be held responsible for past financial mismanagement.
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What happened
- 01Hapoel Ironi Tiberias players have unanimously refused a proposed 10% salary cut due to the club's severe financial crisis.
- 02The club is burdened by over 3 million shekels in unpaid past debts and is under court-appointed trustee management.
- 03Owner's representative Shimon Hadari presented the pay cut proposal, calling it "little for you and a lot for the club."
- 04Players expressed anger, arguing they should not bear responsibility for the club's past financial mismanagement.
- 05The team is set to play league champions Hapoel Beer Sheva this Saturday, with roster changes due to injuries and suspensions.
The club is currently under the management of a court-appointed trustee, Liza Hadash, who is working on a financial recovery plan. The team is also preparing to face league champions Hapoel Beer Sheva this Saturday, with several players returning from suspension but others sidelined by injury or budget control issues.
The coverage
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