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Jason Levien Expresses Interest in Maccabi Tel Aviv Basketball Club

By עידן קוולרUpdated 3 hours ago
Translated & summarized from Walla by baba
The story · English

American businessman Jason Levien has publicly stated his interest in becoming a significant shareholder in the Maccabi Tel Aviv basketball club, amid an ongoing ownership dispute. In an exclusive interview with Walla in Washington, Levien described the situation as an "interesting opportunity" and expressed his affection for the club and "what it represents." He noted his close relationship with key shareholders, including 50-year club manager Shimon Mizrahi, and considered it an honor to be considered for a role.

Levien refrained from preempting the legal arbitration process currently underway between shareholders, stating he would allow it to proceed while remaining in close contact with Mizrahi, Udi Recanati, and the Recanati family. He emphasized that being considered for this opportunity and approached to join the club's community was a significant honor.

The comments come as the club faces a complex ownership battle. The Recanati family sought to sell a substantial stake to Levien, but this was met with opposition from shareholder Richard Deitz, who claimed a right of first refusal. The dispute escalated to arbitration, with Dr. Israel Leshem appointed as the arbitrator. Recently, a new disagreement arose regarding Levien's inclusion as a party to the proceedings, prompting Deitz to appeal to the court.

Levien, who was interviewed at the launch event for D.C. Plate, a new professional women's volleyball team in Washington, did not delve into the specifics of the ownership struggle or publicly take sides. His primary message was his interest in Maccabi and his willingness to await the legal outcome.

Levien has extensive experience in sports management, serving as co-chairman and CEO of D.C. United (MLS) since 2012 and previously as CEO of the NBA's Memphis Grizzlies. His interest in women's volleyball stems from its growth in participation and fan engagement. His potential involvement with Maccabi Tel Aviv aligns with his established career in sports ownership and management.

Read the original at Walla
Full coverage · 2 outlets
First: Walla · 3h ago

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