Israel's Beitar Jerusalem in talks with Abu Dhabi investors

FILE PHOTO: Fans of Beitar Jerusalem shout slogans during a match against Bnei Sakhnin as part of the Israeli Premier League, at Teddy Stadium in Jerusalem February 10, 2013. REUTERS/Nir Elias/File Photo

JERUSALEM (Reuters) - Beitar Jerusalem are negotiating a possible investment by a group in the United Arab Emirates, the Israeli Premier League soccer club said on Tuesday as the countries moved to formalise ties.

“This is an opportunity to turn Beitar Jerusalem into a dominant club ... that will represent, in addition to soccer, a concrete symbol of the new winds of peace that are blowing in the Middle East,” Beitar said in a statement.

The club gave no details on the prospective deal or investors, other than to identify them as “entrepreneurs from Abu Dhabi”.

Club owner Moshe Hogeg will fly to the UAE capital soon to pursue the negotiations, the Beitar statement said.

Israel and the UAE announced on Aug. 13 they would establish relations, a deal due to be solemnised in Washington on Tuesday.

Writing by Dan Williams, editing by Ed Osmond