After the official announcement came, meet the new designated owner of Hapoel Tel Aviv.
Edmond Safra is a member of the Safra family who wants to buy Hapoel Tel Aviv. Safra is the son of Moshe Safra, who died in 2014, and he has 4 brothers. The family itself is one of the richest Jewish families in the world, worth approximately 19.7 billion euros and is considered extremely affluent and stable.
Edmond Safra founded a venture capital fund that holds approximately 1.9 billion euros, and is considered an expert in various assets and strategies. He holds a degree in history from Harvard University. EMS, the fund founded by Safra in 2007, is considered a fund that operates in a number of fields in both the public and private sectors. “The company sees itself as one that invests in real estate and global investments,” claims its LinkedIn profile.
The fund owns a small percentage in Nike, which is currently worth $67 million. Safra managed to raise a quarter of a billion dollars at the height of the Corona crisis, when, in addition to shares in technology companies and other giants, he carried out several real estate projects in Brazil, Switzerland, etc. He has several houses, but apparently he lives mainly in New York at this stage in his life. The company has partners alongside Edmond The Jewish-Brazilian Ariel Morgenstern and Patrick De Pizzoto are considered an experienced property manager, especially in terms of their training.
Safra holds, among other things, about 400,000 shares in Facebook and capital in various assets and groups, such as Mastercard and others, and with an investment portfolio estimated at about one billion dollars. The group is known for conducting most of its business as part of the Safra family. Safra himself is married to Mariel Safra (originally Nice), daughter of the Jewish billionaire David Nice. Thus, in fact, Safra’s fortune comes from both inheritance and marriage. Nice himself an art dealer.
Hapoel players. On the way to a new owner? (Kobi Eliyahu)
His sister’s brother, Hali Nimhad, was convicted of gambling fraud in 2013. When after that he was sentenced to 366 days in prison and later received a pardon from Donald Trump. It is a family relationship through marriage and nothing else, at this stage. Edmond Safra shares his name with the late Edmond Safra, who was killed at the age of 67 in the deliberate arson of a rival banker who was caught and imprisoned for a decade on charges of causing death.
The Safra family also owns J. Safra Bank, which previously served as a sponsor of the Davis Cup. Jacob Safra, Edmond’s relative, said afterward that “we are proud to support sports organizations with a rich tradition and those that are not afraid to reinvent themselves.” Joseph Safra, his grandson, made his Bar Mitzvah in Israel together with 150 family members as part of agricultural work.
“We were moved by the value-based choice of the Safra family to celebrate the Bar Mitzvah of their grandson Yosef with kindness and volunteerism, and with a direct connection to the land of Israel through the hands and feet,” said at the time the CEO of the “Connections in Agriculture” company Uri Shoshan. The family itself organized several soccer leagues for Jewish children in Florida during the years
On the way to change? (Kobi Eliyahu) The family’s attorney, Attorney Roi Rosen, said that “Safra has submitted a clear, simple and generous offer to purchase the ownership in Hapoel Tel Aviv and he will be happy to receive an answer by tomorrow. It is understood that he will also accept a negative answer with understanding and will wish Hapoel Tel Aviv And her captaincy is only good.”
David Mintzberg, the current owner of the group, said that “I’ll answer honestly, one of the people who sold us said they were interested, but they couldn’t tell us who it was. We said we wouldn’t hold talks until we knew who it was, and then we were told it was someone from the Safra family – but no They told us. If someone from the family wants to invest, I think it’s great, I’ll have to talk to them too. When doing business with someone, it takes time. It cannot be done quickly.” Safra’s name has now been published.
Safra may become one of the richest owners in Israeli football, as his investment fund has existed since 2007 and has seen a number of long-term investments since its inception, according to “Fintel”. It is claimed that the company started as an investment company in the health sector and developed into other fields.
