A member of Abu Dhabi's ruling family is looking to buy a roughly 50% stake of Israeli Premier League soccer club Beitar Jerusalem, the club's owner said on Friday.
Beitar said in September it was negotiating a possible investment by a group in the United Arab Emirates (UAE) in a statement that followed the announcement that Israel and the UAE had agreed to normalize ties.
Beitar owner Moshe Hogeg said in a phone call with Reuters he had received a non-binding letter of intent from Sheikh Hamad Bin Khalifa Al Nahyan to buy a stake of about 50% in the club.
Al Nahyan could not immediately be reached for comment.