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Hapoel Rishon LeZion Football Club Undergoes New Ownership with Significant Investment
Business figures Dudu and Natalie Vaturi have taken over the management of the National League soccer club Hapoel Rishon LeZion, pledging to invest 5 million shekels over five years. The investment aims to strengthen both the senior team and the youth academy to promote the club to the Premier League.
3 newsrooms · 1 language · sinceWhat happened
- 01Business figures Dudu and Natalie Vaturi are taking over the management of Hapoel Rishon LeZion soccer club.
- 02The Vaturis will invest 5 million shekels over five years to promote the National League team to the Premier League.
- 03The deal is officially termed an adoption agreement, but municipal officials reportedly view it as a transfer of ownership.
- 04Natalie Vaturi will join the club's association as president with signing authority.
- 05The team is expected to be renamed Hapoel D.N. Rishon LeZion following the necessary approvals.
- 06An initial investment of 1 million shekels is planned to be injected into the club in January.
- 07The club will remain under the ownership of the public Hapoel Rishon LeZion Association and its current management.
While officially presented as an adoption agreement, municipal officials reportedly view the deal as a transfer of ownership. This marks the third ownership change for the club in the past decade, following previous tenures by Eyal Berkovich and Amos Luzon. The club will remain under the ownership of the public Hapoel Rishon LeZion Association and will continue to be run by its current management, led by Chairman Eli Senior and CEO Avi Levy.
Under the agreement, Natalie Vaturi will join the association as club president with signing authority, and Ariel Barak will represent the Vaturis on the management board. Following necessary approvals, the team is expected to be renamed Hapoel D.N. Rishon LeZion. An initial investment of 1 million shekels is planned for January.
Summarized by baba from the reports of 3 newsrooms. Updated
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