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American Businessman Jason Levien Expresses Interest in Maccabi Tel Aviv Stake

By מערכת ice
Translated & summarized from Ice by baba
The story · English

American businessman Jason Levien has publicly addressed his potential involvement with the Israeli basketball club Maccabi Tel Aviv, stating his interest in becoming a significant shareholder. Levien described the club as an "interesting opportunity" and expressed admiration for its legacy and key figures, including long-time manager Shimon Mizrahi. He indicated that he is close to several major shareholders and honored they are considering him for a role.

Levien is reportedly at the center of a share acquisition deal that was intended to transfer a portion of the Recanati family's holdings to him. The initial transaction involved 29% of the club's shares, but a dispute among shareholders over preemptive rights has complicated the ownership structure. Levien, however, has refrained from committing to joining the club until the legal proceedings are resolved, stating he will allow the legal process to unfold.

He remains in close contact with key figures like Shimon Mizrahi and Udi Recanati, and is professionally and legally monitoring the situation. Levien emphasized his respect for the opportunity and the community he has been invited to join. The ownership dispute has moved to arbitration, with Dr. Israel Leshem appointed as the arbitrator.

Recently, a new disagreement arose regarding Levien's inclusion as a party in the proceedings, prompting Richard Deitch to file a court motion. Levien has maintained a neutral public stance in the ongoing battle between the shareholders, focusing instead on his interest in the club and his relationships with its main stakeholders while awaiting legal developments. His potential entry into Maccabi Tel Aviv's ownership remains a possibility, contingent on the legal outcomes and the resolution of the shareholder conflict. Levien reiterated his affection for Maccabi and its representation, stating, "I love Maccabi and what it represents."

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

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