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Tiberias Soccer Club Faces Collapse Amid 3 Million Shekel Debt
Hapoel Tiberias soccer club is facing potential collapse with over 3 million shekels in debt and a warning of insolvency proceedings. A key debt of 200,000 shekels to a former employee must be settled within five days to avoid legal action.
3 newsrooms · 1 language · sinceWhat happened
- 01Hapoel Tiberias soccer club faces collapse with over 3 million shekels in debt.
- 02The club received a warning of potential insolvency proceedings.
- 03A 200,000 shekel debt to a former employee must be paid within five days.
- 04The club is also involved in a 237,000 shekel lawsuit from a former player.
- 05Hapoel Tiberias is currently last in the Premier League standings.
The club is also dealing with another lawsuit and poor performance on the field, currently sitting last in the Premier League.
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Tiberias Soccer Club Faces Collapse Amid 3 Million Shekel Debt