The Administrator General announced on Wednesday that a group led by businessman
Ori Allon has purchased a 60 percent stake of Hapoel Jerusalem previously owned
by Guma Aguiar.
Following Aguiar’s disappearance at sea off the coast of
Florida a year ago, his ownership stake was put up for sale. The Allon group was
confirmed on Wednesday as the winner of the auction held by the Administrator
General after promising to invest NIS 15 million in the club over the next three
, New York Knicks power forward Amar’e Stoudemire
tweeted that he had joined the group headed by the 32-year-old Israeli, who made
his fortune in the US by selling Hi-Tech startups to both Google and
The ownership group also includes advertising bigwig Eyal
Chomski and American sports agent Arn Tellem.
However, the Allon group’s
takeover of Hapoel is still far from complete.
The Hapoel Jerusalem
organization, which currently owns the remaining 40 percent of the club, has got
90 days to equal the Allon group’s offer for Aguiar’s shares to seize complete
control of the team.
The head of the organization, former club chairman
Danny Klein, is pushing to match Allon’s offer, but not everyone in the
organization supports his initiative.
As things currently stand,
representatives from the organization plan to meet with the Allon group to
discuss how both parties can cooperate for the good of the
“Aguiar’s wish was to see Hapoel Jerusalem as a leading team with
financial stability, involved in the city of Jerusalem and representing it in a
respectable sporting manner,” said Administrator General David Hahn. “The new
investment will make possible the realization of Aguiar’s wish.”
Jerusalem Post Annual Conference. Buy it now, Special offer. Come meet Israel's top leaders