Court approves mediation settlement with Amir Kabiri in Hapoel Tel Aviv case

In depth

The court approved the mediation settlement between Amir Kabiri and the liquidators of Hapoel Tel Aviv football club, under which the former owner will pay about three million shekels. Judge Hana Plinner described the settlement as "fair and balanced," but clarified that the payment does not constitute a ruling on the personal claims raised against him.

The sum stems from a guarantee and indemnity undertaking that Kabiri provided in favor of the budget control in 2015. The judge ruled that the settlement takes into account the prospects and risks of the lawsuit.

Almost a decade after the legal proceedings accompanying the club's liquidation began, the settlement was given the force of a court judgment.