“Following consultations and lengthy consideration by Guma Aguiar and his family, I was asked to work to stop professional and financial proceedings regarding Guma Aguiar’s future ownership of the Betar Jerusalem Football Club and Hapoel Jerusalem basketball team. This means Guma Aguiar will not be the owner, or the sponsor, of either Betar or Hapoel Jerusalem starting next season,” Aguiar’s lawyer, Eitan Gabai, said in a press statement Tuesday evening.
“We reached a conclusion that Guma needs his private life, far from the media and far from activities which would stress him even more than the pressure he is under due to anyway. Betar Jerusalem, for example, is in a complex legal situation which requires quick decisions regarding the transfer of ownership. Untangling the legal issues pertaining to the team will add stress to Guma.
“Another reason for the decision comes from the will to allow Guma to spend time with his children and wife Jamie. In spite of his endless love for Betar, Hapoel and the great fans, it is time for him first and foremost to look after his family,” Gabai continued.
The Aguiar family, in a statement appended to Gabai’s press release, said “all of us in the Aguiar family wish success for the Betar and Hapoel in their future endeavors. You’ll always be in our hearts.”