Ofer Yanai Sells 20% Stake in Hapoel Tel Aviv for $50 Million

Ofer Yanai announced on August 28, 2026, that he sold an additional 20% of his controlling shares in Hapoel Tel Aviv, reducing his stake to 40%. This transaction reveals that Yanai received $50 million for the 20% stake in "Yanai Sport," the company holding 81% of "Adom Management Basket," which manages Hapoel Tel Aviv. The remaining 19% of the club is owned by the Osishkin Association.

Prior to the sale, Yanai held 60% of Yanai Sport, with Gili Re'anen owning 10%, and Mickey Malka and Alan Howard sharing the remaining 30% equally. Following the deal, ownership is restructured so that Yanai holds 40%, while Re'anen, Malka, and Howard each hold 20%. This change also increases their involvement in the club's management and decision-making, broadening the partnership among shareholders.

Based on the $50 million payment for 20%, Yanai Sport's valuation stands at $250 million, implying the total value of Hapoel Tel Aviv is approximately $308 million, or nearly 916 million Israeli shekels at the current exchange rate of 2.97 shekels per dollar. This transaction marks a significant financial milestone for the club and its ownership group.