UAE Royal buys 50% stake in Beitar Jerusalem Football Club | Middle East News

Must read

[ad_1]

Beitar Jerusalem is a stronghold of Israel’s political right, and a group of supporters known as “La Familia” has been blatantly abusive of Israel’s Arab minority.

A member of the Abu Dhabi ruling family has bought a 50% stake in Israel’s Premier League football team Beitar Jerusalem, the club said on Monday.

The purchase comes amid a wave of trade deals between Israel and the United Arab Emirates following their decision to establish formal diplomatic ties in September.

In an announcement posted on their website, Beitar said the purchase of Sheikh Hamad Bin Khalifa al-Nahyan also included a pledge to invest more than 300 million shekels ($ 92.18 million) in the club over the years. Next 10 years.

Beitar Jerusalem is a stronghold of Israel’s political right, and a group of supporters known as “La Familia” has been blatantly abusive of Israel’s Arab minority.

Beitar’s announcement on Monday quoted Sheikh Hamad: “I am delighted to be a partner in such a glorious club that I have heard so much about and in such a big city, the capital of Israel and one of the most important cities. saints of the world. . “

The reference to Jerusalem as the capital of Israel is significant given the city’s status as one of the fundamental issues of the Israeli-Palestinian conflict.

Israel views all of Jerusalem as its capital, a position shared by the United States but not recognized by most countries. The Palestinians are looking for the eastern part of the city, which Israel captured in a 1967 war, as the capital of a future state.

Following their agreement to establish relations with Israel, the UAE has declared that it is determined to create a Palestinian state with East Jerusalem as its capital.

Beitar said he would form a new board of directors after the purchase of Sheikh Hamad and that his son would join the organization to represent him.

In October, the UAE and Israel football leagues signed a memorandum of understanding to strengthen cooperation.



[ad_2]

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article