Haim Ramon's group has formally offered to buy Hapoel Tel Aviv for NIS 16 million, with the first payment covering NIS 12 million and the rest in four annual installments. The Ramon group's official letter clarifies that current owner Eli Tabib must be responsible for paying off past debts and dealing with lawsuits connected to his years at the club.

Tabib, it seems, does not attach much importance to the official offer, and did not submit a counter offer. Instead, he will fly today to Ukraine to meet a Ukrainian businessman, who has offered to purchase the club for a considerably larger sum than the Ramon group's offer.

Some of the local potential buyers of the club doubt that Tabib indeed has another offer, claiming that "it's a spin aimed at increasing the price of the club. It seems that Tabib flew to the Ukraine to watch Euro 2012, but if there really is a potential buyer who will purchase the club, we'll be the first to welcome him."

Salim Toama, who recently refused to show up to several disciplinary hearings following his verbal attack on Tabib after the victorious State Cup final, is expected receive a hefty fine. Two other rebles, Toto Tamuz and Omri Kende have faced a disciplinary hearing and are awaiting their punishment. Shay Abutbul has requested that his hearing be postponed until he ends his vacation. Abutbul will show up at the hearing with an attorney.

Tamuz is awaiting a formal offer from Swiss team Luzern, which is willing to pay the 1.5 million-euro tag. Tamuz has already agreed his personal terms with the club, and said to his friends: "It's an interesting offer. I prefer joining a club where I can play than to warm the bench of club in a more prestigious league. Everyone saw what happened to players who joined clubs in big leagues and couldn't find their place. As far as I'm concerned, not all that glitters is gold."